As the owner of Kingdom's Treasures,Jerry negotiates with suppliers who hope to place their products in his high volume retail gift store.Jerry finances his inventory through the ________ credit offered by suppliers who delay payments for up to 60 days after the merchandise has been delivered to his business.
A)LIFO
B)asynchronous
C)trade
D)residual

Question

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The term "trade credit" refers to the credit offered by suppliers to delay payments for their products after delivery. This type of credit is a common way for businesses to finance their inventory without having to pay cash upfront. Options A, B, and D are not related to the financing of inventory through trade credit.

As the Owner of Kingdom's Treasures,Jerry Negotiates with Suppliers Who