A Firm Has Just Ended Its Calendar Year Making a Sale

question 86

Multiple Choice

A firm has just ended its calendar year making a sale in the amount of $200,000 of merchandise purchased during the year at a total cost of $150,500. Although the firm paid in full for the merchandise during the year, it has yet to collect at year end from the customer. The possible problem this firm may face is

• A) low profitability.
• B) lack of cash flow.
• C) inability to receive credit.
• D) high leverage.

---

Definitions:

Unmyelinated

Referring to nerve fibers that lack a myelin sheath, which often results in slower signal transmission compared to myelinated fibers.

Myelinated Afferent

Nerve fibers with a myelin sheath that conduct sensory signals to the central nervous system, often related to proprioception and touch.

A Fibers

Myelinated nerve fibers in the nervous system that are responsible for transmitting sharp, acute pain sensations and other information.

Somatosensory System

A sensory system comprising receptors and processing centers responsible for detecting touch, temperature, body position, and pain.