Line of credit funds are used for seasonal purposes like inventory buildup and receivable financing,frequently the largest and most financeable items on a venture's balance sheet.

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Alitza Taylor · Accepted Answer

Final Answer : True, Explanation :  Line of credit funds are commonly used for seasonal purposes such as increasing inventory and financing receivables, which are typically the largest and most financeable items on a company's balance sheet.

Line of credit funds are used for seasonal purposes like inventory buildup and receivable financing,frequently the largest and most financeable items on a venture's balance sheet.

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