Kevin Goes to a Juice Vending Machine as He Feels

question 90

Multiple Choice

Kevin goes to a juice vending machine as he feels thirsty.The vending machine malfunctions and retains his money without delivering the juice.In this situation,Kevin will likely feel:

• A)humiliated.
• B)assertive.
• C)frustrated.
• D)instinctive.

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Definitions:

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the business's normal operating cycle.

Payables Financing

A form of short-term borrowing where a company finances its accounts payables through a third party.

Prompt Payment Discount

A discount offered to buyers for paying their invoices early, encouraging faster payments.

Pledged

Assets or collateral that a borrower offers to a lender to secure a loan, which the lender may seize if the loan is not repaid.