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Smart phones communicating with each other and being used to collect,exchange,and analyze data is an example of which of the following developments?
Profitability
A measurement of an entity's ability to generate income in relation to its revenue, assets, or equity.
Assets
Resources owned by a company that have economic value and can be used to meet its obligations or invest in its operations.
Liabilities
Financial obligations or debts owed by a company to creditors.
Return On Common Stockholders' Equity
This metric measures the profitability from the shareholders' perspective, showing how effectively a company uses equity investment to generate profits.
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