Question

04. Kapoor Rice Mills needs funds for meeting it's date to date expenses like wages,
rent, water bill etc. The business decides to approach it's supplier Deepak Wadhwa
and Sons. It requests Ram and Sons to grant them credit for purchase of goods and
services. This would enable them to buy raw materials without making immediate
payment. Kapoor Rice Mill's financial position is not very strong and hence it is not
enjoying good reputation. There past record of payments to lenders is also not
convincing
a) Identify and explain the source of finance discussed in the above case
b) The concept identified in (a) is short term or long term finance ?​

Answer 1

Answer:

... not handled previously, C] Growth and learning. 4] Making periodic reports directly available to the worker himself, D] Internal recognition.