When Should You Establish a Relationship with a Bank in Order

question 33

Multiple Choice

When should you establish a relationship with a bank in order to acquire a line of credit in the near term?

• A) First 30 days
• B) Sixty days
• C) Between 30-60 days
• D) At the end of the year

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Definitions:

X-intercept

The point at which a graph intersects the x-axis.

Y-intercept

The point where a graph crosses the y-axis, represented by the coordinates (0,y).

Estimate

The determination of an approximation of a result which is not necessarily exact, but within acceptable bounds of accuracy.

X-intercept

The point at which a line crosses the x-axis on a graph, indicating where the value of the function is zero.