which of the following is a source of short term capital.
A. trade credit B. shares C. leasing D. debenture
Correct Answer: A
Explanation
Tradecredit is the credit extended by one trader to another for the purchase of goods and services. Tradecredit facilitates the purchase of supplies without immediate payment. Tradecredit is commonly used by business organisations as a source of short-term financing. It is granted to those customers who have reasonable amount of financial standing and goodwill.
