A City License Plates Consist of Three Letters Followed by Three

question 70

Short Answer

A city license plates consist of three letters followed by three numerals. Suppose 246 letter arrangements are not allowed. How many plates can New York issue?

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Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating its short-term liquidity.

External Users

Individuals or entities outside a company who use its financial information, such as investors, creditors, and regulatory agencies.

Financial Information

Data regarding the financial status of an entity, including income, expenses, assets, and liabilities.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a specific period.