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I'm not sure if I did it right Which of these best describes a line of credit? Long-term, prearranged, committed bank loan Short-term loan secured
I'm not sure if I did it right
Which of these best describes a line of credit? Long-term, prearranged, committed bank loan Short-term loan secured by accounts receivable Short-term loan secured by inventory Long-term, prearranged, noncommitted bank loan Short-term prearranged bank loan that can be either committed or noncommitted 5pts Ives Corporation has an inventory period of 21.5 days, an accounts payable period of 31.4 days, and an accounts receivable period of 28.7 days. What is the company's cash cycle? 81.6 days 18.8 days 50.2 days 24.2 days 38.6 daysStep by Step Solution
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