The Following Information Comes from the January 31, 2014, Financial

question 105

Essay

The following information comes from the January 31, 2014, financial statements of Dynamo Ltd, a clothing retailer: $\begin{array}{lrr}&2014&2013\\\text { Cash and cash equivalents } & \$ 20,000 & 15,000 \\\text { Accounts receivable } & 1,400 & 1,100 \\\text { Inventories, ending } & 26,000 & 25,000 \\\text { Accounts payable } & 20,100 & 17,600\\\text { Sales } & 227,000 \\\text { Cost of goods sold } & 140,500 \\\text { Net income } & 10,700\end{array}$ Required:
A) Calculate their cash lag.
B) Explain what the cash lag tells you about a company in general and this company in particular.
C) Other than the ratios, what other information in Dynamo's financial statements would be useful when analyzing their liquidity?

• A) Calculate their cash lag.
• B) Explain what the cash lag tells you about a company in general and this company in particular.
• C) Other than the ratios, what other information in Dynamo's financial statements would be useful when analyzing their liquidity?

Identify factors that affect self-concept and distinguish between influences.

Recognize the role of social comparison in self-esteem and performance improvement.

Describe how parenting styles influence children's self-esteem and personality traits.

Explain the differences between individualistic and collectivistic cultures and their impact on self-perception.

---

Definitions:

Hygiene

Practices and conditions that help to maintain health and prevent the spread of diseases, typically through cleanliness.

Cilia

Short, hair-like projections that line certain parts of the human body, such as the respiratory tract, moving in a wave-like motion to transport mucus and trapped particles.

Tympanic Membrane

Also known as the eardrum, a thin membrane that separates the outer ear from the middle ear and vibrates in response to sound waves.

Slightly Concave

Describes a surface that is curved or dented inwardly, often used in reference to physical shapes or anatomical structures.