The Number of Ways You Can Select Three Cards from a Stack

question 14

Multiple Choice

The number of ways you can select three cards from a stack of n cards, in which the order of selection is important, is given by . Use the Remainder Theorem to determine the number of ways you can select three cards from a stack of 9 cards.

• A)504 ways
• B)336 ways
• C)210 ways
• D)120 ways
• E)24 ways

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Definitions:

Gross Working Capital

The total amount of a company's current assets, which are assets likely to be converted into cash within one year.

Net Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the business.

Short-Term Debt

Financial obligations that are due for repayment within one year.

Current Liabilities

Obligations expected to require cash in less than one year, usually payables and accruals.