Question

Ethical business is good business?Explain because of festive season ,bhuvan garments received double order.Advice the company about the various sources of fund?

Answer 1

Business obtains all its needed inputs from the economic environment and it absorbs the .... Ethics is defined as the “ discipline dealing with what is good and bad and with moral duty ...

Answer 2

Answer:

trade credit

Explanation:

Bhuvan Garments requires fund for short term to meet its working capital requirement. So, Trade credit is best source to raise finance when manufacturer is granted credit from supplier of raw materials, inputs, spare parts etc. The supplier allow their customer to pay their outstanding balance within a credit period. Generally the duration of trade credit is 3-6 months. In the given case, Bhuvan Garments needs finance for festive season only.