60.1K
Verified Solution
Link Copied!
which of the following sources of finance is less costly compared with funds borrowed from a bank?
a. Public deposits
b.Equity shares
c.Debentures
d.Preference shares
The average time period required to convert the firms credit sales into cash is called as:
a. Average Payment Period
b.Inventory Conversion Period
c. Receivables Collection Period
d. Holding period
Answer & Explanation
Solved by verified expert
