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tetleyelmo tetleyelmo
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7 years ago
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:
A) Inventory financing
B) Receivable financing
C) Sales financing
D) Liquidation financing
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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BlimpBlimp
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7 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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tetleyelmo Author
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7 years ago
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