📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    Which of the following best describes working capital

    financing preference for short-term seasonal needs?
    A Long-term equity financing only Correct Answer Incorrect Answer
    B Short-term bank loans, working capital facilities, and trade credit Correct Answer Incorrect Answer
    C Issue of debentures only Correct Answer Incorrect Answer
    D Capital reserves only Correct Answer Incorrect Answer

    Solution

    Short-term or seasonal working capital requirements are ideally financed with short-term sources like bank overdrafts, short-term loans, and trade credit.

    Practice Next
    More Accounts Questions
    ask-question