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Insert the missing code in the following code fragment. This fragment is intended to read an input file named dataIn.txt that resides in a folder named payroll on the C: drive of a Windows system.
Public static void main(String[] args) throws FileNotFoundException
{
File inputFile = ________;
Scanner in = new Scanner(inputFile) ;
) . .
}
LIFO Liquidation
The process of selling older inventory items purchased at lower costs, which can lead to an artificially higher reported profit due to inflation.
Pre-tax Effect
The impact of an event or transaction on a company's financials before taking into account the effects of income tax.
Units
A measurement or quantity of something, often used in the context of production, sales, or inventory.
LIFO Liquidation
A situation where older inventory, costed at historical prices, is sold, possibly resulting in higher reported profits due to inflation.
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