A ________ Is a General Purpose Computer Running Specialized Software

question 40

Short Answer

A ________ is a general purpose computer running specialized software that turns it into a smart phone switch.These cost significantly less than traditional circuit switches and can provide more functionality.

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Definitions:

Salvage Value

The expected sale price of an asset at the end of its effective life.

Net Operating Cash Flows

The amount of cash generated by a company's normal business operations after paying operating expenses and taxes.

Present Value

The current worth of a future sum of money or stream of cash flows, given a specified rate of return.

Net Present Value

A financial metric used to evaluate the profitability of an investment or project, calculated by subtracting the initial investment from the present value of future cash flows.