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    Essentials of Entrepreneurship Study Set 2
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    Exam 13: Sources of Financing: Debt and Equity
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    In Inventory Financing, a Small Business Can Typically Borrow an Amount
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In Inventory Financing, a Small Business Can Typically Borrow an Amount

Question 18

Question 18

Multiple Choice

In inventory financing, a small business can typically borrow an amount equal to ________ percent of the inventory it pledges as collateral.


A) no more than 50
B) 70 to 80
C) 85 to 90
D) 90 to 100

Correct Answer:

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