A short-term loan secured by the borrower's inventory,either directly or via an intermediary,is called a(n) :
A) inventory loan.
B) line of credit.
C) compensating balance.
D) banker's acceptance.
E) debenture.
Correct Answer:
Verified
Q3: The length of time between the sale
Q6: A short-term loan where the lender holds
Q10: Which one of the following will decrease
Q11: A prearranged,short-term bank loan made on a
Q12: The forecast of cash receipts and disbursements
Q14: Net working capital is defined as:
A)the current
Q19: Which of the following are uses of
Q24: Costs of the firm that rise with
Q48: A type of short-term loan where the
Q379: Which one of the following will increase
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents