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GenTek experienced a significant increase in sales as a result of its new promotional campaign. Yesterday, however, its financial manager realized that because most of
GenTek experienced a significant increase in sales as a result of its new promotional campaign. Yesterday, however, its financial manager realized that because most of those sales were on credit, it did not have enough money in the bank to pay this month's bills. GenTek can take care of this situation temporarily by _______. a. selling commercial drafts b. disallowing credit sales c. obtaining short-term financing d. obtaining long-term financing e. issuing stock
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