Fibonacci Sequence = 1, 1, 2, 3, 5, 8

question 65

Multiple Choice

Fibonacci sequence = 1, 1, 2, 3, 5, 8, . . . Any number in the Fibonacci sequence is a Fibonacci number . Name the Fibonacci numbers that are prime numbers and less than 10.

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Definitions:

Average Collection Period

The average amount of time that it takes for a business to receive payments owed by its clients in terms of receivables.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Inventory Turnover

Inventory Turnover is a measure of how many times a company's inventory is sold and replaced over a period.

Acid-Test Ratio

A stringent test that measures a company's ability to pay off its short-term liabilities with quick assets, excluding inventory.