Asked by Sandy Babbie on Apr 25, 2024

Which of the following is not a source of short-term funds?

A) Trade credit
B) Accounts receivable
C) Commercial paper
D) Line of credit

Short-Term Funds

Short-Term Funds are investment vehicles that invest in securities with short maturity periods, usually less than one year, providing liquidity and income.

Trade Credit

A type of commercial financing in which a buyer is allowed to purchase goods or services and pay the supplier at a later scheduled date.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations to finance their immediate cash flow needs.

  • Pinpoint and evaluate the foundations of short-term finance and their charges.