A Prototype Is a Version of a Potential System That

question 31

True/False

A prototype is a version of a potential system that provides developers and potential users with an exact replica of how the system in its completed form will function.

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Definitions:

Net Profit Margin Ratio

A financial measurement that calculates how much of each dollar of revenues is translated into profits after accounting for all expenses, taxes, and interest, expressed as a percentage.

Return on Assets Ratio

A financial ratio indicating how Profitable a company is relative to its total assets, measuring how efficiently a company is using its assets to generate profit.

Net Profit Margin Ratio

A financial metric that shows the percentage of net income to sales revenue, indicating how much profit each dollar of sales generates.

Total Asset Turnover Ratio

An economic indicator that evaluates how effectively a business utilizes its assets to produce sales income.