If a Firm Has a Cash Cycle of 47 Days

question 83

Multiple Choice

If a firm has a cash cycle of 47 days and an operating cycle of 92 days, what is its average payment period?

• A) 45
• B) 47
• C) 92
• D) 139

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Definitions:

Pavlov

Ivan Pavlov, a Russian physiologist known for his work in classical conditioning, demonstrating how stimuli can trigger conditioned responses in animals.

UCR

Unconditioned Response; an automatic and natural response elicited by a stimulus without any prior learning or conditioning.

UCS

UCS stands for Unconditioned Stimulus, a term in classical conditioning that describes a stimulus that naturally triggers a reflexive response without prior learning.

CS

Short for Conditioned Stimulus, a previously neutral stimulus that, after becoming associated with the unconditioned stimulus, eventually comes to trigger a conditioned response.