As the owner of Kingdom's Treasures,Jerry negotiates with suppliers who hope to place their products in his high volume retail gift store.Jerry finances his inventory through the ________ credit offered by suppliers who delay his payments for up to 60 days after the merchandise has been delivered to his business.

Question

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Trade credit is a form of financing provided by suppliers to their customers to delay payment for goods or services received. It is a common practice in the retail industry to finance inventory through trade credit offered by suppliers. The other options (residual, commercial, LIFO) are not relevant to this scenario.

As the Owner of Kingdom's Treasures,Jerry Negotiates with Suppliers Who