Question
Kiran needs additional short-term financing for his robotics company, so he asks his suppliers if they could issue a discount if he pays his bills
Kiran needs additional short-term financing for his robotics company, so he asks his suppliers if they could issue a discount if he pays his bills early.
What type of financing resource is Kiran using?
- Factoring
- Trade credit
- Barter
- Peer-to-peer lending
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The detailed answer for the above question is provided below Kiran is using Trade cred...
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Accounting Information System
Authors: James A. Hall
7th Edition
978-1439078570, 1439078572
