It Is the Ability of a Computer to Perform Arithmetic

question 21

True/False

It is the ability of a computer to perform arithmetic operations that separates it from other types of calculating devices._________________________

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Definitions:

Liquidity Ratio

Measures a company's ability to meet its short-term obligations using its most liquid assets.

Profit Margin

A profitability ratio calculated by dividing net income by revenue, expressing the percentage of revenue that translates into net income.

Collection Policy

The procedures and guidelines used by a company to manage and collect accounts receivable.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.