________ is/are a method of financing frequently used by retailers of "big ticket items" such as autos.
A)Discounted installment contracts
B)Trade credit
C)Installment loans
D)Floor planning

Question

Quizplus · Accepted Answer

Floor planning is a popular financing method used by retailers of big ticket items such as cars. It involves borrowing money from a lender to purchase inventory, with the inventory serving as collateral for the loan. This allows retailers to keep their cash flow stable while still being able to offer customers a wide selection of products.

________ Is/are a Method of Financing Frequently Used by Retailers