Tidewater Distributors Is Successfully Using Short-Term Financing to Buy Inventory

question 64

Multiple Choice

Tidewater Distributors is successfully using short-term financing to buy inventory for resale. As sales climb, the managers realize that they must decide what to do with the money. Since you are the financial manager, they ask for your advice. You advise them to first

• A) repay the short-term obligations out of the sales revenue.
• B) use the money to buy a yacht for the managers.
• C) increase all employees' wages.
• D) enroll all the salespeople in a sales training course.
• E) borrow more money.

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Definitions:

π Bonds

Covalent bonds formed by the sideways overlap of two p-orbitals, containing a pair of electrons located above and below the axis of the bonded atoms.

Hybridization

A concept in chemistry where atomic orbitals mix to form new hybrid orbitals, explaining the geometry of molecular bonding.

Indicated Atom

A specific atom within a molecule that is highlighted or referenced, typically in the context of chemical reactions or structural discussions.

Hybridization

A concept in molecular chemistry that describes the mixing of atomic orbitals to form new hybrid orbitals suitable for the pairing of electrons to form chemical bonds.