Download the annual report of Abercrombie & Fitch (ANF) and Kellogg (K). How do these firms differ in terms of short term financing strategies? For example, which firm relies more on lines of credit? Look at their quarterly financial statements on finance.yahoo.com. Which firm has greater seasonality in sales? Does this seem related to their use of bank loans?

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There are several key ways in which Aber c rom bie F itch and Kell ogg differ in terms of their shor... View the full answer