An Amusement Park Operates Daily from Victoria Day to Labour

question 44

Multiple Choice

An amusement park operates daily from Victoria Day to Labour Day. In addition, the park is open Fridays, Saturdays, and Sundays throughout May and September. The park finds that the revenue produced from weekend-only operations in May and September is not enough to cover the expenses they incur in those months. Which of the following circumstances requires the amusement park to seek outside financing to cover its short-term cash shortages?

• A) cash shortfall due to growth
• B) long-term financing
• C) seasonal cash flows
• D) a positive cash-flow cycle

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Definitions:

\(n + 2\)

Represents an algebraic expression in which 2 is added to a variable n.

\(n + 1\)

An expression representing one more than a given number \(n\).

\(( n + 6 ) !\)

A notation indicating the factorial of n plus 6, meaning the product of all positive integers up to n+6.

\(( n + 3 ) !\)

Denotes the factorial of the sum of a variable n and 3, representing the product of all positive integers up to and including (n+3).