Find the Sum $$\sum _ { \mathrm { k } = 1 } ^ { 5 } \left( \frac { 1 } { 3 } \right) ( 4 ) ^ { \mathrm { k } }$$

question 125

Multiple Choice

Find the sum.
- $$\sum _ { \mathrm { k } = 1 } ^ { 5 } \left( \frac { 1 } { 3 } \right) ( 4 ) ^ { \mathrm { k } }$$

• A) \(\frac { 1,373 } { 3 }\)
• B) \(\frac { 1,385 } { 3 }\)
• C) \(\frac { 1,364 } { 3 }\)
• D) \(\frac { 1,376 } { 3 }\)

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Definitions:

Average Operating Assets

The average value of the assets utilized to generate revenue during a specific period, often calculated by averaging the beginning and ending asset values for the period.

Stockholders' Equity

The equity held by shareholders in a company, calculated as the company's assets minus its outstanding debts, representing their residual ownership.

Net Operating Income

A measure of a company's profitability from its regular business operations, excluding deductions of taxes and interest expenses.

Turnover

Turnover refers to the rate at which employees leave a workforce and are replaced, or the total volume of sales made by a company during a particular period.