_________ Since prices are extremely low, the Pipeline Supply Company wants to purchase a special line of

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_________ Since prices are extremely low, the Pipeline Supply Company wants to purchase a special line of pipes from a company going out of business. Pipeline, however, will need to borrow money to make this deal. Which assets will Pipeline most commonly pledge as collateral for this short-term loan?

a. delivery equipment

b. notes payable

c. manufacturing equipment

d. owners’ equity

e. inventory

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Foundations Of Business

ISBN: 9781111580155

3rd Edition

Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor

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