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    Principles of Managerial Finance
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    Exam 16: Current Liabilities Management
  5. Question
    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 79

Question 79

Multiple Choice

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


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

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