Explain Why the Final Version of the Dictionary Need Not

question 64

Essay

Explain why the final version of the dictionary need not be transmitted with a message encoded using LZW compression.

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Definitions:

Short-term Creditor

A creditor that provides loans or credit to a business or individual with an expectation of repayment within a short period, typically less than a year.

Liquidity

The ability of an asset to be quickly converted into cash without losing its value.

Basic Earnings Per Share

A financial indicator that measures the net income generated per outstanding stock share.