Business, 25.10.2019 03:43 skylarwise121
Renita works as a freelancer. she wants to start her own business, but she does not have the required funding. to meet the working capital for her business, she takes a short-term loan from a bank. the bank agrees to provide her funding up to $50,000, as and when she needs it. however, she can repay the amount immediately or over a pre-specified period of time. which of the following short-term financing sources does renita utilize to fund her business in the given scenario? a. line of credit
b. trade credit
c. commercial paper
d. factoring
Answers: 1
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Renita works as a freelancer. she wants to start her own business, but she does not have the require...
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