Josh,an Investment Banker,has to Travel Frequently on His Business

question 99

Multiple Choice

Josh,an investment banker,has to travel frequently on his business.He wants to travel light,and is in search of a small computing device with a touchscreen,and all the functional capabilities of notebook or desktop computer.A _____ will be best suited for his purpose.

• A)minicomputer
• B)mainframe
• C)tablet PC
• D)supercomputer

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Definitions:

Total Sales

The sum of all revenue generated from the sale of goods or services over a specified period.

Gross Profit

A company's revenue minus its cost of goods sold, indicating how efficiently a company uses its resources in production.

Ending Inventory

The value of all inventory left unsold at the end of an accounting period.

FIFO Method

An inventory valuation method where the first goods purchased or produced are the first ones sold, impacting the cost of goods sold and inventory value.