Examlex
An OC-1 circuit provides a data rate of 155 Mbps.
LIFO
LIFO (Last In, First Out) is an inventory costing method where the most recently produced or purchased items are the first to be expensed.
Balance Sheet
A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing insight into financial health.
Gross Profit Method
An accounting technique used to estimate inventory levels and cost of goods sold by applying a consistent gross profit percentage to sales figures.
Retail Method
An inventory accounting method used in retail, estimating the ending inventory value based on the relationship between cost and retail price.
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