A Firm Needs to Raise Cash and at the Same

question 182

Multiple Choice

A firm needs to raise cash and at the same time reduce the level of its accounts receivable. This firm would likely benefit most by _______________.

• A) Obtaining an unsecured short-term loan.
• B) Applying for a committed line of credit.
• C) Assigning its receivables on a short-term loan.
• D) Factoring its receivables.
• E) Securing any short-term credit with a blanket inventory lien.

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Definitions:

Home Technology

Electronic and automated technologies designed for domestic use, enhancing living environments through comfort, convenience, efficiency, and entertainment.

Consume Film

This term refers to the act of watching or experiencing films.

Ancillary Revenue

Ancillary Revenue is the income earned by a business from secondary sources, beyond its primary product or service offerings, such as merchandise or licensing fees.

Screen Actors Guild

A labor union representing actors in the film and television industry, known for negotiating and enforcing contracts to ensure fair working conditions and wages.