From the banker's point of view,short-term bank credit is an excellent way of financing:
A) capital assets.
B) permanent working capital needs.
C) repayment of long-term debt.
D) seasonal bulges in inventory and receivables.

Name: From the banker's point of view,short-term bank credit is an excellent way of financing: A) capital assets. B) permanent working capital needs. C) repayment of long-term debt. D) seasonal bulges in inventory and receivables.
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The Answer is D

From the Banker's Point of View,short-Term Bank Credit Is an Excellent