Which of the Following Was NOT One of the Types

question 34

Multiple Choice

Which of the following was NOT one of the types of needs identified by Allardt which exists outside of the essential survival and adaptation needs?

• A) The need for having
• B) The need for relating
• C) The need for desiring
• D) The need for being

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Definitions:

Gross Profits

The difference between net sales and the cost of goods sold, indicating the basic profitability of the products or services sold.

Times Interest Earned Ratio

A debt management ratio indicating the degree of risk to lenders that a company will default on its interest payments. Also called interest coverage ratio.

Return on Sales Ratio

A measure of a company's operational efficiency, calculated by dividing operating profit by net sales.

Return on Total Assets

A profitability ratio that measures the net income produced by total assets during a period by comparing net income to the average total assets.