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Which of the following events will generally lead to a need to borrow? I. Previously unissued stock is sold. II. Sales of a key product
Which of the following events will generally lead to a need to borrow?
I. Previously unissued stock is sold.
II. Sales of a key product enter the growth stage.
III. A just-in-time system for ordering inventory is implemented.
IV. Trade suppliers begin offering discounts for faster payments.
Answers:
A. I & III
B. II & IV
C. II, III, IV
D. I, II, III, IV
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