Multiple Choice
Master Printers,Inc.has a temporary shortfall of cash,but needs to pay its employees tomorrow.What will Master Printers,Inc.,most likely do to obtain the cash?
A) Go to a bank and sign a promissory note for the funds needed
B) Issue commercial paper in hopes that creditors will loan the company the needed funds
C) Offer a 1-day incentive to salespersons in order to increase sales and cash
D) Ask employees to wait until the company has the funds to pay them
E) Borrow money from their line of credit
Correct Answer:
Verified
Correct Answer:
Verified
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