Evaluate the Limit Using L'Hopital's Rule If Necessary

question 56

Multiple Choice

Evaluate the limit using L'Hopital's Rule if necessary. ​

• A) 1
• C) 0

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Definitions:

Sales Tax Payable

A liability account in a company's financial statements, representing sales tax collected from customers but not yet remitted to the government.

Sale

The exchange of a product or service for money, constituting the main operational activity for most businesses.

Liability Account

An accounting record that holds the amounts owed by a company to creditors, suppliers, or lenders.

Terms

Conditions under which a sale is made, including payment timeframe, discounts, and penalties for late payment.