All of the following are ways that corporations can finance current cash shortages except a:
A)line of credit.
B)current portion of long-term debt.
C)short-term loan.
D)working capital loan.

Question

Quizplus · Accepted Answer

The current portion of long-term debt refers to the portion of a company's long-term debt that is due within the current year, so it is not a way to finance current cash shortages. Instead, options A, C, and D are all ways that corporations can obtain short-term financing to address cash flow gaps.

All of the Following Are Ways That Corporations Can Finance