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Business, 28.02.2020 23:11 sarai47

Joe needs display racks and cabinets to open his clothing store, but he doesn't have the money to pay for them right away. A supplier agrees to sell Joe the necessary equipment, lets him have them immediately, and allows Joe to pay for the goods over a six-month period. This is an example of.

a. equity financing.
b. an initial public offering.
c. a mortgage.
d. venture capital.
e. a trade credit.

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