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we are asked that: (1) Which of the methods of short-term financing considered in this chapter would be most likely to be used by the
- we are asked that:
(1) Which of the methods of short-term financing considered in this chapter would be most likely to be used by the following? Explain your reasoning.
a. A raw-materials processor, such as a mining or lumber company
b. A retail sales concern, such as an appliance retailer or stereo equipment dealer
c. An international company
d. A dealer in consumer durable goods, such as an automobile sales agency
(2) In choosing the composition of short-term financing, what factors should be considered?
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