The Tanning Parlor is in the middle of the busy season. Owner Sunny Bright has hired extra help and encountered some unexpected repairs that have left her short of operating capital. What type of financing would Sunny most likely use in this situation?
a. A line of credit
b. Trade credit
c. A discounted installment contract
d. Floor planning
Answer: a. A line of credit
Business
You might also like to view...
Customer service is anything that we do for the customer that enhances their budget
constraints. Indicate whether the statement is true or false
Business
No-fault insurance only pays for your losses if you were not at fault in the accident
Indicate whether this statement is true or false.
Business