Examlex
Consider the fib method from the textbook shown below:
Public static long fib(int n)
{
If (n <= 2)
{
Return 1; // line #1
}
Else
{
Return fib(n - 1) + fib(n - 2) ; // line #2
}
}
Assume line #1 is changed to this:
If (n <= 2) { return n; }
What effect will this change have?
Current Liabilities
financial obligations that a company owes and is expected to pay within the next year or within its normal operating cycle if longer.
Accounts Receivable
Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
Net Sales
The amount of sales revenue remaining after deducting returns, allowances for damaged or missing goods, and discounts.
Income Statement
A financial statement that shows a company's revenues and expenses over a specific period of time, resulting in a net profit or loss.
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