You are working on your company\'s cash budget for the coming year and you belie

Question

You are working on your company's cash budget for the coming year and you believe there might be short periods of time where financing is required. Which of the following sources of short term financing is most certain to be available when needed? A) trade credit B) line of credit with a bank C) reviving credit agreement with s bank D) account receivable You are working on your company's cash budget for the coming year and you believe there might be short periods of time where financing is required. Which of the following sources of short term financing is most certain to be available when needed? A) trade credit B) line of credit with a bank C) reviving credit agreement with s bank D) account receivable A) trade credit B) line of credit with a bank C) reviving credit agreement with s bank D) account receivable

Explanation / Answer

A) Trade credit because every business will have a credit period and can be make a differed payment based on practices of the industry.

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