The Use of Microfilm and Microfiche Provides All of the Following

question 88

Multiple Choice

The use of microfilm and microfiche provides all of the following advantages EXCEPT ____.

• A)they greatly reduce the amount of paper firms must handle
• B)they are inexpensive
• C)they have the longest life of any storage media
• D)they can be read without a reader

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Definitions:

Net Income

The overall earnings of a business following the deduction of all costs, taxes, and expenses from its gross revenue.

Sustainable Growth Rate

The maximum rate at which a company can grow its revenues and earnings without having to increase leverage or equity financing.

Equity Multiplier

A financial leverage ratio that measures the portion of a company’s assets that are financed by shareholders' equity.

Fixed Assets Investment

Expenditures related to acquiring or improving long-term assets such as property, plant, and equipment that will be used in business operations.