The First Successful Commercial Computer,used in the 1950s by the Census

question 26

True/False

The first successful commercial computer,used in the 1950s by the Census Bureau,was UNIVAC.

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Definitions:

Net Income

The ultimate earnings of a company, calculated by subtracting expenses and taxes from its gross revenue.

Stockholders' Equity Statement

A financial statement that shows the changes in the equity of a company's shareholders over a specific period.

Balance Sheet

A financial statement that provides a snapshot of a company's financial position at a specific point in time, showing its assets, liabilities, and shareholders' equity.

Common Stock Split

A corporate action to divide its existing shares into multiple shares to boost the liquidity of the shares, though the market capitalization remains the same.