UNDERSTANDING BUSINESS
UNDERSTANDING BUSINESS
12th Edition
ISBN: 9781264161881
Author: Nickels
Publisher: MCG
bartleby

Concept explainers

Question
Book Icon
Chapter 18, Problem 1CT
Summary Introduction

To think critically about: The primary sources of short term funds and long term funds for new business owner.

Introduction: Short term sources of funds refers to funds required in a business for a period of less than whereas long term sources of funds refers to funds required in a business for a period of more than 5 years.

Blurred answer
Students have asked these similar questions
1. How does interest rate affect the transfer of funds from the lender to the borrower?2. How do taxes affect a business firm?
What are the ethical considerations involved in a company's decision to loan executives’ money to cover margin calls on their purchase of shares of company stock?
What is the role of a financial manager?
Knowledge Booster
Background pattern image
Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning