Multiple Choice
Jim is a refrigeration electrician.He has a large contract starting soon and knows he will run short of cash in purchasing supplies.However,he expects the client to begin making payments for his work two weeks after he begins.What financing arrangement would be best for Jim to arrange with his bank?
A) open a line of credit
B) increase his mortgage
C) issue a credit card
D) take out an operating loan
Correct Answer:
Verified
Correct Answer:
Verified
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