Use Summation Notation
- $$5 + 6 + 7 + 8 + \ldots + 29$$

question 199

Multiple Choice

Use Summation Notation
- $$5 + 6 + 7 + 8 + \ldots + 29$$

• A) \(\sum _ { k = 4 } ^ { 28 } ( k + 1 )\)
• B) \(\sum _ { k = 5 } ^ { 29 } ( \mathrm { k } + 1 )\)
• C) \(\sum _ { k = 6 } ^ { 30 } ( k + 1 )\)
• D) \(\sum _ { k = 1 } ^ { 24 } ( \mathrm { k } + 1 )\)

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Definitions:

Payments Quickly

Payments quickly refers to the process of settling financial transactions or obligations in a brief period of time, enhancing liquidity and cash flow management.

Average Collection Period

The average number of days it takes for a company to receive payments from its credit customers.

Receivables Turnover

A financial metric measuring how efficiently a company collects its receivables or the speed at which it turns credits into cash.

Current Ratio

An assessment ratio that evaluates how well a company can meet its obligations due within the next year, by dividing its current assets by its current liabilities.