Question

Nilesh, works as a digital marketing campaign manager in a firm. Over the years, the
business of his firm has increased by leaps and bounds as the marketing has gone digital
The firm obtains it's stock of office stationery on a one month credit from the suppliers
and at the same time the company offers 15 days credit period to its clients (business
(a) Identify and explain the source of business finance being described in the above
paragraph
(b) State any two favourable factors because of which the firm is able to make credit
purchases
(c) Give any two limitations of the source of business finance as identified in part (a)
of the question​

Answer 1

Answer:

) State any two favourable factors because of which the firm is able to make credit

purchases

(c) Give any two limitations of the source of business finance as identified in part (a)

of the question