Lisa Has to Have a Diet Coke for Breakfast

question 86

Multiple Choice

Lisa has to have a Diet Coke for breakfast.At a breakfast meeting,she was offered coffee and refused.She only wanted a Diet Coke.This illustrates that Lisa needs Diet Coke to:

• A) satisfy a want
• B) satisfy a need
• C) satisfy a belief
• D) satisfy a physiological drive
• E) satisfy a momentary stimulus

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Definitions:

Average Collection Period

The average number of days it takes for a company to receive payments from its credit customers.

Receivables Turnover

A financial metric measuring how efficiently a company collects its receivables or the speed at which it turns credits into cash.

Current Ratio

An assessment ratio that evaluates how well a company can meet its obligations due within the next year, by dividing its current assets by its current liabilities.

Current Assets

Current Assets are assets that a company expects to convert to cash or use within one year, including cash, inventory, and accounts receivable.