If a Firm Has a Cash Cycle of 25 Days

question 21

Multiple Choice

If a firm has a cash cycle of 25 days and an operating cycle of 80 days, what is its payables turnover?

• A) 14.6
• B) 4.56
• C) 6.64
• D) 55

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Definitions:

Psychodynamic Theory

A theoretical framework that posits that human behavior and feelings are deeply influenced by unconscious motives and conflicts.

Superego

In psychoanalytic theory, the part of the personality responsible for moral standards and ideals, acting as a counterbalance to the id's impulses.

Conscience

The part of the mind that informs a person of the moral quality of their actions, guiding towards right and wrong.

Developmental Level

The stage of growth or progression in physical, emotional, intellectual, or social development typical for a certain age or group.