In 1951 There Were Approximately a Dozen Computers in the World

question 25

Multiple Choice

In 1951 there were approximately a dozen computers in the world that spent most of their time

• A)calculating census data.
• B)calculating taxes.
• C)doing military calculations.
• D)supporting business operations.

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Definitions:

Operating Activities

Activities directly related to the primary operations of the business, including revenue and expense transactions that affect net income.

Common Stock Split

A division of a company's existing shares into multiple ones to boost the liquidity of the shares, making them more affordable to small investors without altering the shareholder's equity.

Return on Equity

A financial ratio calculated by dividing net income by shareholder equity, used to measure the profitability of a company in generating profit from its equity investments.