Top Posters
Since Sunday
g
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
s
2
Home Q & A Board Other Fields Homework Help Business
New Topic  
stranahan stranahan
wrote...
Go to Answer
Posts: 3324
Rep: 10 0
7 years ago
A line of credit is a secured bank loan whereby the bank agrees to lend a company up to a specific amount of cash, at the discretion of the company. In other words, it is just a pre-arranged loan.
A) True
B) False
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
Read 166 times
2 Replies
Replies
Answer verified by a subject expert
waspchichesterwaspchichester
wrote...
#1
Posts: 253
Rep: 27 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

stranahan Author
wrote...
#2
7 years ago
Thank you very much for this. It's really helpful.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  765 People Browsing
 130 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 100
  
 4422
  
 205
Your Opinion
Which country would you like to visit for its food?
Votes: 204
Previous poll results: Which 'study break' activity do you find most distracting?