Question: Alpha Company's inventory and receivables total about $ 2 0 0 , 0 0 0 at the lowest point in the operating cycle. The company

Alpha Company's inventory and receivables total about $200,000 at the lowest point in the operating cycle. The company approaches its lender for financing of these base-level current assets. Which of the following is the best solution?
a. A seasonal working capital loan
b. A revolving line of credit with a cleanup period
c. A term loan
d. A demand note to be repaid when the customer liquidates obsolete inventory and charges off bad debts

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