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Jennifer Runs a Ski Store in Banff, Alberta

Question 59

Multiple Choice

Jennifer runs a ski store in Banff, Alberta. She buys all her skis for the season in the fall but doesn't receive any money until she sells the skis, which is usually a few months later. The suppliers of the skis will extend the time she needs to pay for the skis to 90 days. What is the term to describe what her suppliers are offering Jennifer?


A) extended credit
B) trade credit
C) supplier credit
D) line of credit

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