Gotwing Inc., a multinational company, issues promissory notes to big corporations. As the company has strong credit ratings, it easily finds buyers without having to offer a substantial discount for its debt. Which of the following short-term financing options is being used by Gotwing Inc. in the given scenario?
A. Trade credit
B. Line of credit
C. Commercial paper
D. Factoring
Answer: C
You might also like to view...
______ is the area where two sides in a negotiation may find common ground.
A. CAT B. BATNA C. NATBAT D. ZOPA
An asset created by prepayment of an insurance premium is:
A. Recorded as a credit to Unearned Revenue. B. Not recorded in the accounting records until the insurance period expires. C. Recorded as a debit to Prepaid Insurance. D. Recorded as a credit to Prepaid Insurance. E. Recorded as a debit to Unearned Revenue.
On January 1 . 2010, Elaine Company purchased for $600,000, a trademark with an estimated useful life of 1 . years. In January 2014, Elaine paid $90,000 for legal fees in a successful defense of the trademark. Trademark amortization expense for the year ended December 31 . 2014, should be
a. $37,500. b. $43,125. c. $45,000. d. $90,000.
Asking an individual in advance for a specific contribution and/or using the “round robin” rotation method, in which all members take turns giving their input, may be effective ways of dealing with problem members of the ______ type in a meeting.
a. wanderer b. silent c. arguer d. bored