Stirling's Formula (Named After Scottish Mathematician, James Stirling: 1692-1770) Is $n ! \approx \sqrt { 2 \pi n } \left( \frac { n } { e } \right) ^ { n }$

question 265

Multiple Choice

Stirling's formula (named after Scottish mathematician, James Stirling: 1692-1770) is used to
approximate large values of n!. Stirling's formula is $n ! \approx \sqrt { 2 \pi n } \left( \frac { n } { e } \right) ^ { n }$ a. Use Stirling's formula to approximate the given expression. Round to the nearest whole unit.
b. Compute the actual value of the expression.
- $8 !$

• A) a. 39,902
• b. 40,312
• B) a. 40,111
• b. 40,320
• C) a. 40,111
• b. 40,312
• D) a. 39,902
• b. 40,320

Identify and calculate various financial ratios and understand their significance in analyzing a company's financial health.

Understand the treatment of extraordinary items, business segment disposals, and tax effects in interim reporting.

Recognize the acceptable practices for interim financial reporting including inventory valuation methods.

Comprehend the significance of different types of financial analysis (horizontal, vertical) and comparisons.

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