Mobile Service Providers Never Charge Additional Fees for Sending Text

question 195

True/False

Mobile service providers never charge additional fees for sending text, picture, or video messages.

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Definitions:

Investing Activities

Investing activities involve the purchase and sale of long-term assets and other investments, not considered as cash equivalents by a company.

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets, excluding inventories.

Financing Activities

Transactions and business activities that result in changes in the size and composition of the equity capital and borrowings of an entity.

Price-To-Book Ratio

A financial ratio used to compare a company's current market price to its book value, indicating the market's valuation of the company relative to its equity value.