Bills payable and promissory notes are negotiable instruments and are used mostly to replace_____ Select one: O a. financial means O b. term loans O c. long-term credit O d. trade credit O e. overdraft facilities

Bills payable and promissory notes are negotiable instruments and are used mostly to replace_____ Select one: O a. financial means O b. term loans O c. long-term credit O d. trade credit O e. overdraft facilities

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter16: Working Capital Policy And Short-term Financing

Section: Chapter Questions

Problem 11QTD

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1.b)Bills payable and promissory notes are negotiable instruments and are used mostly to replace_____
Select one:
O a. financial means
O b. term loans
O c. long-term credit
O d. trade credit
O e. overdraft facilities

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