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Question
Sources of funds for a short duration are ______________.
Sources of funds for a short duration are ______________.
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Solution
The correct option is C All of the above
Sources of funds that provide funds for a duration of less than one year are:Trade Credits: These are the credits granted to manufacturers and traders by the suppliers of raw materials.
Loans from commercial banks: Commercial banks grant short-term finance to business firms which is
known as bank creditCommercial papers:Commercial paper is a money-market security issued (sold) by large corporations to obtain funds to meet short-term debt obligations
Sources of funds that provide funds for a duration of less than one year are:
Trade Credits: These are the credits granted to manufacturers and traders by the suppliers of raw materials.
Loans from commercial banks: Commercial banks grant short-term finance to business firms which is
known as bank credit
Commercial papers:Commercial paper is a money-market security issued (sold) by large corporations to obtain funds to meet short-term debt obligations
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