In 1982, Time Magazine Named the Computer Machine of the Year

question 88

Multiple Choice

In 1982, Time magazine named the computer Machine of the Year even though fewer than ____ percent of U.S. households had a computer.

• A)10
• B)25
• C)35
• D)50

Evaluate the success of communication through feedback and understand the role of proofreading in ensuring accurate and error-free messages.

Differentiate between editing and proofreading and understand the limitations of electronic grammar and spell checkers.

Understand the concept and purpose of common-size comparative statements.

Calculate and interpret various financial ratios including liquidity, solvency, and profitability ratios.

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Definitions:

Compounded Quarterly

Interest calculation method where the interest is added to the principal every quarter, affecting the calculation for subsequent quarters.

Principal

The initial amount of money borrowed or invested, excluding any interest or dividends.

Compounded Monthly

Interest on an investment or loan calculated and added to the principal amount on a monthly basis.

Future Payments

Payments that are scheduled to occur at future dates as part of a financial agreement or plan.