If a Firm Has a Cash Cycle of 41 Days

question 24

Multiple Choice

If a firm has a cash cycle of 41 days and an operating cycle of 76 days, what is its average payment period?

• A) 52 days
• B) 29 days
• C) 117 days
• D) 35 days

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Definitions:

Conversion

In psychology, a defense mechanism where unconscious conflicts or stressors are manifested as physical symptoms without a medical cause.

Somatic Symptom Disorders

Somatic Symptom Disorders are mental health conditions where a person experiences intense and excessive distress and symptoms related to physical health, without a clear medical cause.

Psychodynamic Theorists

Professionals who study and apply theories focusing on the psychological forces that underlie human behavior, feelings, and emotions and how they might relate to early experience.

Hysterical Disorders

Now more commonly referred to as conversion disorders, these are psychological disorders that involve the conversion of emotional distress into physical symptoms without a medical cause.