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Case 1 - Frames Unlimited
Frames Unlimited is a wholesale picture and poster frame business. Frame data is stored in sequential access files that contain four columns: item number, item name, size, and price.
-You should ____ the pictureFrame.txt file as soon as you have finished using it.
Earnings and Profits
A measure of a company's ability to generate income over its expenses, often used in corporate taxation.
Capital Gain
The profit from the sale of a capital asset, such as stocks, bonds, or real estate, exceeding the purchase price.
Stockholder
An individual or entity that owns shares of stock in a corporation, giving them a claim on part of the corporation's assets and earnings.
Maximum Marginal
typically refers to the highest tax rate applied to the last dollar of taxable income in progressive tax systems.
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