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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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