Discuss the various short-term needs for funds and the short-term sources for funds.

What will be an ideal response?


In the short-term (less than one year) organizations need funds most often for operational reasons such as payroll, inventory, rent, utilities, and payment of invoices. If the organization doesn’t have these funds there are obvious problems. Short-term sources include both debt and equity capital. The most common, and often the most appropriate, source of short-term funds is debt capital. The firm could borrow money directly from various sources. Perhaps the most common source of short-term funds, though, is trade credit. By having a supplier offer the firm credit, it frees up funds for that duration of time. If the need is more immediate, the firm can use accounts receivable to serve as collateral for a short-term loan (pledging) or actually sell the accounts receivable to a factoring firm at a discount (factoring).

Business

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When incorporating simplicity into graphics, which of the following is important to remember?

A) Generally accepted rules or conventions should dictate every aspect of design. B) Decorative elements can clutter documents without adding any relevant information. C) Formal balance is needed to create a calm and serious feel. D) Contrasting colors should be used. E) Parallelism should be used for color, texture and scale.

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The lower of cost or market rule for inventory valuation is always applied to individual units separately rather than to major categories of inventory or to the entire inventory.

Answer the following statement true (T) or false (F)

Business

Examples of owned media include websites, Twitter accounts, and Facebook pages

Indicate whether the statement is true or false

Business

When you quote information, you must be careful not to ____________ the content or the intent of the original passage

a. introduce b. misrepresent c. evaluate d. contextualize

Business