When a Hardware Device Such as a Printer or Monitor

question 7

Multiple Choice

When a hardware device such as a printer or monitor does not work, it could be ___.

• A) a software problem
• B) an electrical problem
• C) a mechanical problem
• D) any of the above

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Definitions:

Gross Margin Ratio

A financial metric expressing the percentage of revenue that exceeds the cost of goods sold, used to assess a company's financial health.

Net Sales

The total revenue from sales of products or services less returns, allowances, and discounts.

Cost of Goods Sold

The direct expenses related to producing goods sold by a company, including material costs and direct labor, essential for calculating a company's gross profit.

Current Ratio

It's a measure used to determine a business's capacity to fulfill obligations due in less than one year, through a calculation of current assets over current liabilities.