The financial managers at the Swictek Corporation want to ensure that the company has a binding commitment from their bank for a guaranteed amount of money over the next year. They can achieve this result by arranging a line of credit with their banker.

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The Answer of The financial managers at the Swictek Corporation want to ensure that the company has a binding commitment from their bank for a guaranteed amount of money over the next year. They can achieve this result by arranging a line of credit with their banker.

The Financial Managers at the Swictek Corporation Want to Ensure