Companies that have business dealings with a new business are possible sources of funds for financing inventory and equipment.

Name: Companies that have business dealings with a new business are possible sources of funds for financing inventory and equipment.
Brand: Quizplus
Rating: 4.7 (43 reviews)

Question

Quizplus · Accepted Answer

Companies that have business dealings with a new business can provide trade credit, which allows the new business to purchase inventory or equipment and pay for it at a later date. This can serve as a source of funds for financing these assets.

Companies That Have Business Dealings with a New Business Are