The Owner of Mountain Cycle Shop Worries That Cash Flows

question 202

Multiple Choice

The owner of Mountain Cycle Shop worries that cash flows this winter may be insufficient to meet his current operating expenses. While he anticipates a surplus of cash inflows as warm weather approaches, he needs funds now to meet his immediate obligations. He can best resolve his cash flow concerns by obtaining ________ financing

• A) intermediate
• B) contingency
• C) short-term
• D) long-term

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Definitions:

Digital Divide

Describes the gap between individuals who have access to modern information and communication technology and those who do not, affecting opportunities for employment, education, and connectivity.

Internet Access

Internet access describes the ability of individuals or organizations to connect to the Internet using computers, smartphones, or other devices.

Sanctions

Sanctions are measures of enforcement through rewards or punishments used to promote conformity to norms and laws within a society.

Internally Diverse

Refers to the existence of variations, differences, and complexities within a single group, community, or system.