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13 Which of the following is TRUE regarding this statement from Stampede's credit application? Review Later Margining is as follows: Inventory at 50% to a

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13 Which of the following is TRUE regarding this statement from Stampede's credit application? Review Later Margining is as follows: Inventory at 50% to a maximum $2,500,000 Accounts receivable at 50% of balance less than 90 days The balance of accounts receivables that have been outstanding for less than 90 days can be used to secure 50% of the requested loan. Security is taken on 50% of the balance of accounts receivables that have been outstanding for less than 90 days. Inventory is can only be used to secure 50% of a maximum loan amount of $2,500,000. Stampede's inventory can secure 50% of the requested loan amount, as its current inventory levels are valued at $2,500,000. 13 Which of the following is TRUE regarding this statement from Stampede's credit application? Review Later Margining is as follows: Inventory at 50% to a maximum $2,500,000 Accounts receivable at 50% of balance less than 90 days The balance of accounts receivables that have been outstanding for less than 90 days can be used to secure 50% of the requested loan. Security is taken on 50% of the balance of accounts receivables that have been outstanding for less than 90 days. Inventory is can only be used to secure 50% of a maximum loan amount of $2,500,000. Stampede's inventory can secure 50% of the requested loan amount, as its current inventory levels are valued at $2,500,000

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