Sonic Corp. manufactures ski and snowboarding equipment. It has estimated that this year there will be substantial growth in its sales during the winter months. It approaches the bank for credit. What is the purpose of such credit known as?
A. expansion
B. inventory building
C. debt management
D. emergency maintenance
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Home » Business » Sonic Corp. manufactures ski and snowboarding equipment. It has estimated that this year there will be substantial growth in its sales during the winter months. It approaches the bank for credit. What is the purpose of such credit known as? A.