Question
Stock (i.e. inventory) and accounts receivable (i.e. trade debtors) are 'current assets' therefore it is perfectly acceptable to finance them completely with short-term finance such
Stock (i.e. inventory) and accounts receivable (i.e. trade debtors) are 'current assets' therefore it is perfectly acceptable to finance them completely with short-term finance such as an uncommitted bank overdraft. Is this correct or wrong, why?
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Extinction Governance Finance And Accounting
Authors: Jill Atkins, Martina Macpherson
1st Edition
0367492989, 978-0367492984
