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The percent of sales method is based on historical information. Giving consideration to the turbulent first decade of this century with wars and shortages of

The percent of sales method is based on historical information. Giving consideration to the turbulent first decade of this century with wars and shortages of food and fuel, do you think that looking to the past is the best way to predict the future? Are there any alternatives or adjustments to the percent of sales method that you can suggest?
Given the globalization of business, should firms look outside their own borders for short-term financing? What are the advantages and disadvantages of doing this?
Of all current assets, inventory is usually the least liquid. The bank would have to service a loan for inventory, making regular on-site visits to confirm that the inventory still exists. There is also the possibility that, particularly in the technology industry, inventory could be rendered obsolete overnight. Would the rates be significantly higher on an inventory loan than the rates on a loan for another asset and under what circumstances is a bank most and least likely to grant a loan with inventory as collateral?
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