An Operating Line of Credit Is a Credit Which Is

question 97

True/False

An operating line of credit is a credit which is set up by a major supplier to assist the company with their purchases online.

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Definitions:

Market Value

The current price at which an asset or service can be bought or sold in a competitive marketplace.

Inventory Loans

are secured short-term loans or lines of credit given against the inventory of a business, used to purchase additional inventory or manage cash flow.

Advantages

Advantages are beneficial aspects or competitive edges that a business or entity has over others in its field or market.

Disadvantages

The unfavorable conditions or attributes that lead to a decrease in effectiveness, efficiency, or benefit.