Jupiter Ltd. is a well-known manufacturer of sanitary fittings. Recently, the company was short of funds for meeting its day-to-day expenses. So, the company approached one of its suppliers to grant 60 days credit on the purchase of raw material. On the basis of the creditworthiness of Jupiter Ltd., the supplier granted the credit. Identify the source of finance highlighted in the given case. Also, state its two merits.
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Answer:
ABC Ltd. Is a leading manufacturer of electrical appliances
Explanation:
ABC Ltd. Is a leading manufactu
rer of electrical appliances
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