Also Known as the Industrial Internet, the ________ Describes the Use

question 31

Short Answer

Also known as the Industrial Internet, the ________ describes the use of Internet technologies and networking to enable the multitudes of nontraditional devices that are equipped with data-generating sensors to connect to the Internet.

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Definitions:

Direct Financing Lease

A lease agreement where the lessor purchases an asset and leases it out, effectively providing financing to the lessee without transferring ownership.

Net Investment

The total amount spent on buying fixed assets, minus any sales of these assets.

Dealer Profit

The difference between the price at which a dealer sells a good and the cost incurred to buy or produce that good, essentially the dealer's earning from the transaction.

Interest Revenue

Earnings generated from lending money or from investing in interest-bearing financial instruments.