General Studies · Financial Management
Firms normally finance short-term working capital needs using which combination of the following sources? (i) Trade credit (ii) Bank finance (iii) Commercial papers (iv) Factoring
- 1Only (i), (iii) and (iv)
- 2Only (i), (ii) and (iv)
- 3Only (ii), (iii) and (iv)
- 4Only (i), (ii) and (iii)✓
Correct answer
Only (i), (ii) and (iii)
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