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prodeco prodeco
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6 years ago
Aardvark needs some short-term financing to meet a cash-flow gap while it makes immediate capital expenditures. Which of the following, if true, strengthens the case for the company using a credit card for this purpose?
A) Family members of the company owners have a lot of liquid assets.
B) The company is not sure when it will be able to repay the money.
C) The company expects to be able to repay the money next month.
D) The company needs to obtain a line of credit without interest.
E) The company can provide collateral for a secured loan.
Textbook 
Business: A Practical Introduction

Business: A Practical Introduction


Edition: 1st
Authors:
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eyemak83eyemak83
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prodeco Author
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6 years ago
Correct Slight Smile TY
54321abs
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Good timing, thanks!
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2 hours ago
Just got PERFECT on my quiz
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