A ..................... would most likely use an entities financial report to determine
whether or not the business entity is eligible for a loan.
Answers
Answered by
8
The answer to the following question are as follows :
• A creditor would most likely use an entities financial report to determinewhether or not the business entity is eligible for a loan.
• Basically in the industry there are two types of creditors subsequently named as short term creditors and long term creditors.
• Short term creditors are those creditors who analyze the detailed information about the temporary financial status of the company for a short period of time and based on this analytical report they provide the relevant goods or services on credit to the company.
• Long term creditors are big loan lenders who work in the area of providing huge business and work loans to the business organizations.
Similar questions