The Financial Manager of Carolina Graphics Negotiated a ________ with Her

question 219

Multiple Choice

The financial manager of Carolina Graphics negotiated a ________ with her bank that allows Carolina to borrow up to $50,000 without collateral. This arrangement eliminates the need to renegotiate the terms of the loan and complete new paperwork each time Carolina borrows money. The preapproved short-term loan agreement is contingent upon the bank having the funds available

• A) line of credit
• B) factor agreement
• C) cash flow conversion
• D) renewable income option

---

Definitions:

Color Shade

A variation in a color, determined by adding black to the color to make it darker.

Same Color

Referring to objects or elements that share an identical hue or color scheme.

Replace Dialog Box

A user interface element that allows users to search for and replace specific pieces of text, symbols, or data within a document or file.

Find Next Button

A user interface element typically found in software applications that allows the user to search for the next occurrence of a specified text string.