Manicure Ltd.is a large lawn care company with hundreds of clients.The company needs some short-term financing to meet a cash flow gap while it makes immediate capital expenditures.If the following facts are known,which one would suggest that the company use a credit card for this purpose?
A) The company owners' family members have considerable liquid assets.
B) The company doesn't know when it will be able to repay the money.
C) The company thinks it can repay the money next month.
D) The company needs to obtain a line of credit without interest.
E) The company is able to provide collateral for a secured loan.
Correct Answer:
Verified
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