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Duromart Is an American Multinational Retailer Corporation That Runs Chains

Question 48

Multiple Choice

Duromart is an American multinational retailer corporation that runs chains of large discount department stores and warehouse stores.Which of the following actions of Duromart is an example of availing short-term credit?


A) The company issues bonds with a face value of $10 to raise money.
B) The company issues debentures that offer 8 percent interest.
C) The company pledges its assets to obtain a mortgage loan.
D) The company opens a trade credit account with a major bank.
E) The company leases a plot of land that it owns to raise money.

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