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28 June, 17:22

If Decker had a financing deficit, it could remedy the situation by a. paying down its long-term debt b. paying a special dividend c. borrowing on its line of credit d. borrowing from retained earnings e. buying back common stock

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  1. 28 June, 20:35
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    c. borrowing on its line of credit.

    Explanation:

    Line of credit denoted as LOC is a form of borrowing which is known to be a flexible form of taking loans. In this borrowing platform, one can borrow a certain amount of money and still borrow more even without paying the initial dept, this primarily makes it flexible. In giving this loans their a certain factors that aid qualify one in getting access to this loan, and this includes the individual credit score and good usage of his/her online purchasing medium without faulting or breaking codes of conducts.
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