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A Sequence S1,S2,S3S _ { 1 } , S _ { 2 } , S _ { 3 }

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A sequence S1,S2,S3S _ { 1 } , S _ { 2 } , S _ { 3 } ... is defined recursively as follows: sk=5sk1+(sk2)2 for all integers k3s1=4s2=8\begin{array} { l } s _ { k } = 5 s _ { k - 1 } + \left( s _ { k - 2 } \right) ^ { 2 } \quad \text { for all integers } k \geq 3 \\s _ { 1 } = 4 \\s _ { 2 } = 8\end{array} Use (strong) mathematical induction to prove that sn is divisible by 4 for all integers n1n \geq 1

Grasp the significance of financial leverage and its impact on a firm's risk and return.
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Identify the types of taxes and their rates as they relate to corporate finance.
Understand the concepts of net working capital and its components.

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