Case 1 - Tony’s Pizza & Pasta

question 29

Multiple Choice

Case 1 - Tony’s Pizza & Pasta
The restaurant uses an application to update and display menu items and the related price information.
-Which of the following statements declares a class-level one-dimensional array named strToppings that stores the 14 available pizza toppings?

• A)Dim strToppings(13) As String
• B)Private strToppings(13) As String
• C)Dim strToppings(14) As String
• D)Private strToppings(14) As String

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Definitions:

Equivalent Annual Cost

A financial analysis method used to compare the cost-effectiveness of different investments with unequal lifespans by converting their costs into an annualized format.

Required Return

The minimum annual percentage earned by an investment that will induce individuals or companies to commit money to the investment. It is also known as the cost of capital when applied to investment appraisal.

Ignore Taxes

A financial analysis assumption where tax implications are disregarded to simplify the calculation.

Initial Cost

The initial expenditure associated with purchasing an asset or starting a project, including setup, implementation, and acquisition costs.