As a Result of Cash Flow Shortages, Millard's Department Stores

question 189

Multiple Choice

As a result of cash flow shortages, Millard's Department Stores has fallen behind in payments to suppliers. Some suppliers are withholding shipments to Millard's until they receive payments on overdue accounts. To meet their immediate needs, Millard's Department Stores should utilize:

• A) vulture capital.
• B) long-term financing.
• C) contingency capital.
• D) short-term financing.

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Definitions:

Freud's Theory

A set of psychoanalytic theories proposed by Sigmund Freud that focus on the unconscious mind, developmental stages, and the interplay of ego, superego, and id.

Society

A large group of individuals living together in a more or less ordered community, sharing customs, laws, and organizations.

Operant Conditioning

An educational method that adjusts the intensity of an action by using rewards or penalties.

B.F. Skinner

An American psychologist known for his work in behaviorism and the development of the theory of operant conditioning.