Which of the Following Was Not an Activity of the People's

question 20

Multiple Choice

Which of the following was not an activity of the People's Computer Company, a not-for-profit corporation in the San Francisco area?

• A) Publishing a newspaper containing the source code to programs
• B) Allowing people to rent time on a time-shared computer
• C) Hosting Friday-evening game-playing sessions
• D) Promoting a culture in which computer enthusiasts freely shared software
• E) Developing the world's first graphical user interface

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Definitions:

Dividend Payout Ratio

A financial metric that indicates the percentage of a company's earnings paid out to shareholders in the form of dividends.

Current Assets

Assets of a company that are expected to be sold, consumed, or converted into cash within one year or within the normal operating cycle of the business.

Average Collection Period

A metric that calculates the average time taken to receive payments from customers, indicating the efficiency of a company's credit and collection policies.

Days' Sales In Inventory

A financial metric indicating the average number of days that a company holds its inventory before selling it.