Financing long-term projects with short term financing is risky because the bank may refuse to renew the short-term loan when it comes due.
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Q186: By foregoing the prompt payment discount offered
Q187: Virtually all accruals are best guess estimates
Q188: We say a working capital financing policy
Q189: "Leaning on the trade" is an expression
Q190: By foregoing the prompt payment discount offered
Q192: Because of the short-term nature of working
Q193: Spontaneous financing exists because vendors and employees
Q194: The only negative consequence of slow paying
Q195: Most spontaneous financing comes from trade payables
Q196: As long as the borrower adheres to
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