Which of the following sources of short-term financing is likely to have the lowest interest rate?
A) commercial paper
B) accounts receivable loan (pledging of accounts receivable)
C) line of credit
D) line of credit with a compensating balance
A
You might also like to view...
The Level 0 diagram of the AP/CD Process contains the two process bubbles of ______________________________ and ______________________________
Fill in the blank(s) with correct word
Which vertical marketing system allows a firm to appeal to different customers through different wholesale and retail distribution forms?
a. dual vertical marketing system b. independent vertical marketing system c. partially integrated vertical marketing system d. fully integrated vertical marketing system
Employers can require that employees cover up tattoos at work
Indicate whether the statement is true or false
Your company buys a computer server that it expects to use for eight years and then sell when it upgrades to a more powerful model. The server would probably be used by the business that buys it at that time for another three years. The useful life of the server for your company is:
A. eleven years. B. three years. C. eight years. D. five years.