Examlex
The practical significance of taking the logical view of a database is that it serves as a reminder of the simple file concept of data storage.
Total Assets
The sum of all current and non-current assets owned by a business, indicating its total resources.
Cost Per Unit
The total expense incurred in manufacturing or acquiring a product divided by the number of units.
Purchased
Acquired in exchange for money or its equivalent; obtaining ownership of a good or service.
Days' Sales
A financial ratio that measures the average time it takes a company to convert its inventory into sales.
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