Write a Formula for the General Term (The Nth Term) $$\mathbf { a } _ { \mathbf { n } }$$

question 133

Multiple Choice

Write a formula for the general term (the nth term) of the arithmetic sequence. Then use the formula for $$\mathbf { a } _ { \mathbf { n } }$$ to find $$a _ { 20 }$$ , the 20th term of the sequence.
- $$a _ { n } = a _ { n - 1 } + 5 , a _ { 1 } = 18$$

• A) \(a _ { n } = 5 n + 13 , a _ { 20 } = 113\)
• B) \(a _ { n } = 18 n - 13 , a _ { 20 } = 347\)
• C) \(a _ { n } = 5 n + 23 , a _ { 20 } = 123\)
• D) \(a _ { n } = 13 n + 5 , a _ { 20 } = 265\)

Analyze a company's liquidity, solvency, and profitability.

Calculate and interpret common financial ratios such as current ratio, quick ratio, inventory turnover, accounts receivable turnover, and times interest earned.

Understand the significance of changes in financial statement items over time.

Apply horizontal and vertical analysis to assess a company's financial health.

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Definitions:

Acquisition

The process of obtaining control of another corporation or asset, through purchase or merger.

Consolidated Land

A combination of parcels of land owned by a single entity, especially after acquisition or as a result of business consolidation, for accounting or development purposes.

Acquisition Business Combination

Acquisition Business Combination involves one entity obtaining control over one or more businesses, integrating them into its operations.

Fair Values

An estimate of the market value of an asset or liability, based on assumptions of what market participants would use in an orderly transaction at the measurement date.