Multiple Choice
Maude Shade, a fashion apparel manufacturing company, wants to invest in research before finalizing the production of its proposed product. In order to do so, it approaches Ruemen Bank and takes a loan of $80,000 in the form of bonds. Which of the following financing options is being used by Maude Shade in the given scenario?
A) A revolving credit agreement
B) Commercial paper
C) A line of credit
D) Long-term debt
Correct Answer:
Verified
Correct Answer:
Verified
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