For a department store such as JCPenney,the most likely need for short-term financing will be for
A) inventory.
B) employee wages.
C) extending credit policies.
D) new locations.
E) additional cash registers.

Question

Quizplus · Accepted Answer

Inventory is a major expense for department stores like JCPenney, and they may need short-term financing to purchase inventory to stock their stores.

For a Department Store Such as JCPenney,the Most Likely Need