Find the Next Number in the Sequence

question 102

Short Answer

Find the next number in the sequence.

2, 2, 4, 6, 10, . . . (A Fibonacci-like sequence.)

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Definitions:

Statement of Financial Position

Another term for the balance sheet, detailing a company's assets, liabilities, and shareholders' equity at a specific point in time.

Liquidity

A measure of how easily assets can be converted into cash without affecting their market price.

Current Assets

Assets that a company expects to convert into cash, sell, or consume within one year or its normal operating cycle, whichever is longer.

Current Liabilities

Short-term financial obligations that are due within one year or within a normal operating cycle, such as accounts payable, wages payable, and short-term loans.