Multiple Choice
Which of the following is a type of loan often used to finance buildup of inventory for seasonal (cyclical) businesses just before its strongest sales period?
A) collateral loan
B) unsecured bank loan
C) trade credit
D) secured bank loan
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q131: List three common reasons that companies make
Q132: Briefly define the risk-return trade-off.
Q133: Treasury bills, certificates of deposit, and mortgage
Q134: Which of the following is a long-term
Q135: Which of the following are often called
Q137: What is most commonly used for collateral
Q138: Which of the following do financial managers
Q139: Lines of credit are short-term loans that
Q140: What are the four major ways of
Q141: When a high-growth company first makes its