Case 24-1 Javier Has Decided to Upgrade His Communication Hardware

question 42

Multiple Choice

Case 24-1 Javier has decided to upgrade his communication hardware and get a faster Internet connection. After considering all the options, he has decided to use a wireless Internet service provider. To connect his laptop wirelessly to the Internet, Javier will need a(n) ____.

• A) hub
• B) router
• C) T-1 line
• D) adapter

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Definitions:

Net Income

Net income is the total profit of a company after all expenses and taxes have been deducted from revenue, indicating the company's financial performance over a specific period.

Retained Earnings

The portion of net income that is not distributed to shareholders but is kept by the company to reinvest in its core business or to pay debt.

Net Income

The sum a company holds onto after subtracting expenses and taxes from the total revenue earned.

Cash Dividends

Payments made by a corporation to its shareholders out of the company's current or retained earnings.