What is a line of credit what is a revolving credit
1. What is a line of credit?
2. What is a revolving credit agreement?
3. How does the cost of costly trade credit generally compare with the cost of short term bank loan?
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1 what is a line of credit2 what is a revolving credit agreement3 how does the cost of costly trade credit generally
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1 given the following data credit sales 3650000 cost of goods sold cogs 2000000 and average accounts receivable
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