Slater Co Has Very Old Computers and Manufacturing Equipment and Knows

question 160

Multiple Choice

Slater Co. has very old computers and manufacturing equipment and knows it needs to upgrade them or risk losing much of its business. Slater does not have the money to purchase the computers, so it will most likely need

• A) a short-term loan.
• B) to keep using the old computers.
• C) to deduct the cost from employees' salaries.
• D) long-term financing.
• E) to use increased cash flow from sales.

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