Refer to Krispy Kremes financial statements in Appendix A. As an alternative to short-term notes, Krispy Kreme
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Refer to Krispy Kreme’s financial statements in Appendix A. As an alternative to short-term notes, Krispy Kreme meets short-term borrowing needs through revolving lines of credit. Briefly explain how a line of credit differs from a short-term note payable. hy5
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