If a firm has set up a revolving credit agreement with a bank, the risk to the

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If a firm has set up a revolving credit agreement with a bank, the risk to the firm of being unable to obtain funds when needed is lower than if it had an informal line of credit.

a. True
b. False

Posted Date: Oct 07, 2021 01:02 AM

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If a firm has set up a revolving credit agreement with a bank, the risk to the

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Answer True A line of credit LOC is a preset borrowin... View the full answer

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