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Business, 23.04.2020 18:07 westlakebuddy1229

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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Answers: 3

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