MVJ Corp., a market research firm, borrowed $2 million from Trimitium Bank. While negotiating with the bank, the firm signs a promissory note, which specifies that the firm must pay the borrowed amount in 90 days with interest. However, the bank also requires the firm's inventories and receivables to be pledged as collateral to back the loan. Which of the following short-term financing options is being offered by Trimitium Bank in the given scenario?
A. Spontaneous financing
B. Short-term bank loans
C. Bank debit
D. Factoring
Answer: B
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In order to increase efficiency, business-to-business service providers have eliminated customer participation in service delivery.
Answer the following statement true (T) or false (F)
Describe the primary goal of lean manufacturing?
Why are equivalent units of production used in process costing?
a. To allocate overhead costs b. To determine the value of work in process and finished goods inventories c. To aid in determining costs per unit and costs of inventories in each process d. To determine the cost per finished unit
Which of the following is defined as shared perceptions of the way things are around here?
A. stories B. climcult C. organizational climate D. organizational culture