Delta, Inc

question 316

Multiple Choice

Delta, Inc. follows a flexible short-term financing policy. The firm produces educational toys, which is a cyclical business. When the firm needs to pay for large inventories in advance of peak sales, the
firm will:

• A) Sell marketable securities.
• B) Negotiate a banker's acceptance.
• C) Arrange for a field warehouse loan.
• D) Issue a trust receipt to the bank in exchange for funding.
• E) Issue commercial paper with a maturity of 270 days or less.

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Definitions:

On-line Pharmacy

A platform that allows customers to order and purchase medications and health-related products over the internet.

Issues Management

The proactive process of identifying, evaluating, and dealing with issues that affect an organization, potentially becoming public controversies.

Older Workers

individuals in the workforce who are near or beyond the typical age of retirement, usually considered 65 years and older.

Education Program

A structured set of learning experiences or activities designed to achieve specific educational objectives or impart certain skills or knowledge.