Find the Indicated Term Using the Given Information $$\mathrm { a } _ { 45 } = - \frac { 147 } { 5 } , \mathrm { a } _ { 13 } = - \frac { 51 } { 5 } ; \mathrm { a } _ { 3 }$$

question 5

Multiple Choice

Find the indicated term using the given information.
- $$\mathrm { a } _ { 45 } = - \frac { 147 } { 5 } , \mathrm { a } _ { 13 } = - \frac { 51 } { 5 } ; \mathrm { a } _ { 3 }$$

• A) \(- \frac { 21 } { 5 }\)
• В) 15
• C) \(- \frac { 24 } { 5 }\)
• D) \(- \frac { 3 } { 5 }\)

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Definitions:

Total Current Assets

The aggregate amount of all current assets on a company’s balance sheet, which are expected to be converted into cash within one fiscal year.

Receivable Turnover

A measure of how quickly a company collects cash from its accounts receivable, typically calculated as net credit sales divided by average accounts receivable.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency in managing and selling goods.

Gross Profit

Represents the difference between revenue and the cost of goods sold before deducting other expenses.