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    Principles of Corporate Finance Study Set 4
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    Exam 15: Management of Current Liabilities
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    Appropriate Collateral for a Loan Secured Under a Floating Inventory
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Appropriate Collateral for a Loan Secured Under a Floating Inventory

Question 44

Question 44

Multiple Choice

Appropriate collateral for a loan secured under a floating inventory lien is


A) drill presses.
B) paper clips.
C) cars.
D) file cabinets.

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