Transportation Companies That Have Implemented Global Positioning Systems (GPS)have Reported

question 66

True/False

Transportation companies that have implemented global positioning systems (GPS)have reported increased worker productivity,reduced operating costs,and improved customer relations.

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Definitions:

Equity

The value of an ownership interest in a company, calculated as the difference between assets and liabilities.

Assets

Resources owned by a business that have economic value and can be used to meet debts, commitments, or generate income.

Revenue

The total income generated by the sale of goods or services related to a company's primary operations before any costs or expenses are deducted.

Account Receivable

Signifies the amount of money that customers owe a company for products or services that have been provided but are still unpaid.