__________ allows businesses that sell durable goods such as automobiles to finance inventories. As the business sells goods, the loan advance against those goods is repaid.
A) Term loans
B) Short-term working
C) capital loans
D) Floor-plan financing
Correct Answer:
Verified
Q180: Which one of the following questions is
Q181: Residential loans are usually secured by all
Q182: Checking account may pay interest. Checking accounts
Q183: A financial institution's performance in helping to
Q184: The SEC has 20 day_ to review
Q186: The types of accounts that bear interest
Q187: Securities available for resale, by the bank,
Q188: Other asset categories are mentioned in:
A) Audited
Q189: Leases allow a customer to use an
Q190: Banks should account for trading securities at
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents