Current Assets of NorthPole

question 42

Multiple Choice

Current assets of NorthPole.com at the end of each quarter were: 1st quarter $1.3 million, 2nd quarter $1.7 million, 3rd quarter $1.5 million and 4th quarter $2.2 million. The best estimate for North Pole's permanent current assets is

• A) $2.2 million.
• B) $1.675 million.
• C) $1.3 million.
• D) $0.9 million.

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Definitions:

Address

The specific location of a piece of data in memory, represented numerically.

Array

An array is a data structure consisting of a collection of elements, each identified by at least one array index or key.

Array Address

The memory location of the first element in an array, from which the positions of subsequent elements can be calculated.

Function

A block of organized, reusable code that is used to perform a single, related action within a program.