A company follows a flexible short-term financing policy. The company's business is cyclical. When the company needs to pay for large inventories before a peak sales season, it will:

Multiple Choice

• A.Issue commercial paper with a maturity of 270 days or less.

• B.Negotiate a banker's acceptance.

• C.Issue a trust receipt to the bank in exchange for funding.

• D.Arrange for a field warehouse loan.

• E.Sell marketable securities.