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The Network of Devices Directly Communicating Data to a Computer

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The network of devices directly communicating data to a computer without a person having to enter the data is known as


Definitions:

Lease Term

The fixed, non-cancellable period during which a lessee has the right to use an asset, with the option for renewal under specific conditions.

Operating Lease

A contract allowing for the use of an asset without ownership, generally resulting in periodic lease payments and not recorded on the lessee's balance sheet under certain conditions.

Capital Lease

A lease agreement that is classified as a purchase by the lessee for accounting purposes, based on criteria such as ownership transfer or a bargain purchase option.

Asset Turnover Ratio

A financial ratio that measures the efficiency of a company's use of its assets to generate sales revenue, calculated as total revenue divided by average total assets.

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