Match the term with its definition.
a.Cash budget
b.Current ratio
c.Line of credit
d.Net working capital
e.Pro forma financial statements
f.Percentage-of-sales technique
g.Spontaneous debt financing
-Short-term debts, such as trade payables that automatically increase in proportion to a business's sales.

Question

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The Answer of Match the term with its definition.
a.Cash budget
b.Current ratio
c.Line of credit
d.Net working capital
e.Pro forma financial statements
f.Percentage-of-sales technique
g.Spontaneous debt financing
-Short-term debts, such as trade payables that automatically increase in proportion to a business's sales.

Match the Term with Its Definition