Name the source of finance, which is available in normal course of purchase of
goods.
Answers
Answered by
26
Answer:
》Trade credit, loans from commercial banks and commercial papers are some of the examples of the sources that provide funds for short duration. Short-term financing is most common for financing of current assets such as accounts receivable and inventories.
Answered by
1
Answer:
Short term sources include trade credit, factoring, banks and commercial papers. Middle term credit sources include loans from banks, public deposits, loans from financial institutions and lease financing.
Explanation:
Similar questions