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Business, 02.03.2020 17:29 nayelycuencax

(Identifying spontaneous, temporary, and permanent sources of financing) Classify each of the following sources of new financing as spontaneous, temporary, or permanent: a. A manufacturing firm enters into a loan agreement with its bank that calls for annual principal and interest payments spread over the next four years. b. A retail firm orders new items of inventory that are charged to the firm's trade credit. c. A trucking firm issues common stock to the public and uses the proceeds to upgrade its tractor fleet. a. A manufacturing firm enters into a loan agreement with its bank that calls for annual principal and interest payments spread over the next four years. This source of financing can be classified as a ▼ spontaneous financing temporary financing permanent financing . (Select from the drop-down menu.) b. A retail firm orders new items of inventory that are charged to the firm's trade credit. This source of financing can be classified as a ▼ spontaneous financing temporary financing permanent financing . (Select from the drop-down menu.) c. A trucking firm issues common stock to the public and uses the proceeds to upgrade its tractor fleet. This source of financing can be classified as a ▼ spontaneous financing temporary financing permanent financing . (Select from the drop-down menu.)

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