When creditors provide funds to a firm, which of the following is/are true?
a. The firm must repay, usually with interest, in specific amounts at specific dates.
b. Long-term creditors require repayment from the borrower over a period of
time that exceeds one year.
c. One common form of long-term financing is bonds.
d. Suppliers of raw materials or merchandise that do not require payment for 30 days provide short-term funds.
e. All of the above are true.
E
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