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Incorrect Question 1 0/1 pts Which of the following is NOT a way that a corporation would usually finance a current and temporary cash shortage? A line of credit A mortgage A short-term loan None of the other answers is correct - they are all ways that a corporation would finance a temporary cash shortage

Accounting Nov 22, 2020

Incorrect Question 1 0/1 pts Which of the following is NOT a way that a corporation would usually finance a current and temporary cash shortage? A line of credit A mortgage A short-term loan None of the other answers is correct - they are all ways that a corporation would finance a temporary cash shortage.

Expert Solution

A Mortgage is not a way Corporation would usually finance a current and temporary cash shortage.
A Mortgage is usually a long term debt and taken for longer periods.
A line of Credit or a short term loan can be used to finance a current and temporary cash shortage.
Option B is correct
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