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Stock extra supplies of a particular medicine

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Andrew, a pharmacist, realized that he should stock extra supplies of a particular medicine to respond to an outbreak of a particular infection in the city. Lacking sufficient capital to purchase the extra inventory, he borrowed a predetermined sum of money from his bank. Which of the following sources of funding does this scenario best illustrate?

  • Trade credit
  • Initial public offering
  • Venture capital
  • Equity financing
  • Line of credit

Reference no: EM131417732

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