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As a Result of Cash Flow Shortages,Kellco Department Stores Has

Question 153

Multiple Choice

As a result of cash flow shortages,Kellco Department Stores has fallen behind in payments to suppliers.Some suppliers are withholding shipments to Kelco until they receive payments on overdue accounts.To meet their immediate needs,Kellco Department Stores should utilize:


A) vulture capital.
B) short-term financing.
C) contingency capital.
D) long-term financing.

Correct Answer:

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