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Author Question: The total amount that can be borrowed is the firm's (Read 69 times)

Kthamas

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Question 1

The firm borrows a portion of the value of its inventory and pays off the loan from the proceeds generated by selling the inventory. This is known as
◦ inventory financing.
◦ receivable financing.
◦ sales financing.
◦ liquidation financing.

Question 2

The total amount that can be borrowed is the firm's
◦ line of credit.
◦ max credit.
◦ line limit.
◦ credit limit.


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Marked as best answer by Kthamas on Apr 25, 2021

dawsa925

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Kthamas

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review


EAN94

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Reply 3 on: Yesterday
Excellent

 

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