Multiple Choice
Gotwing Inc., a multinational company, issues promissory notes to big corporations. As the company has strong credit ratings, it easily finds buyers without having to offer a substantial discount for its debt. Which of the following short-term financing options is being used by Gotwing Inc. in the given scenario?
A) Trade credit
B) Line of credit
C) Commercial paper
D) Factoring
Correct Answer:
Verified
Correct Answer:
Verified
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