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    arnez's Avatar
    arnez Posts: 1, Reputation: 1
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    #1

    Apr 19, 2009, 06:02 PM
    Trade credit may be used to finance a major part of the firm's working capital when
    Trade credit may be used to finance a major part of the firm's working capital when
    soyyo's Avatar
    soyyo Posts: 1, Reputation: 1
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    #2

    Feb 3, 2010, 02:39 PM
    40) Trade credit may be used to finance a major part of the firm's working capital when
    A. the firm extends less liberal credit terms than the supplier.
    B. the firm extends more liberal credit terms than the supplier.
    C. the firm and the supplier both extend the same credit terms.
    D. neither the firm nor the supplier extends credit.
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