Data on Wentz Inc

question 53

Multiple Choice

Data on Wentz Inc. for 2008 are shown below, along with the payables deferral period (PDP) Cost of goods sold = $75,000 Payables = $5,000
Payables deferral period (PDP) Benchmark payables deferral period = 30.00

• A) $764
• B) $849
• C) $943
• D) $1,048
• E) $1,164

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Definitions:

Contingency Theory

A leadership theory that proposes the effectiveness of a leader is contingent upon how well the leader's style matches the circumstances.

Contact Hypothesis

A theory which posits that under certain conditions, interpersonal contact is one of the most effective ways to reduce prejudice between majority and minority group members.

Operant Behavior

Behavior that operates on, or manipulates, the environment.

Respondent Behavior

Behavior that occurs as an automatic response to some stimulus, often conditioned by previous experiences.