Question: Lakeshore Distributors is successfully using short - term financing to buy inventory for resale. As sales climb, the managers realize that they must decide what
Lakeshore Distributors is successfully using shortterm financing to buy inventory for resale. As sales climb, the managers realize that they must decide what to do next with the money. As the financial manager, you advise them to first
Group of answer choices
repay the shortterm obligations out of the sales revenue
borrow more money
enroll all the salespeople in a sales training course
increase all employees' wages
use the money to buy a yacht for the managers
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