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Question
______ is also known as mercantile credit.
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Solution
Trade credit is also known as mercantile credit.
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RELATED QUESTIONS
Trade Credit
‘Trading on equity’ means use of _____________ capital for financing a firm.
(a) equity shares
(b) preference shares
(c) borrowed.
Write a word or terrn or phrase which can substitute each of the following statements :
Portion of the profits which is allocated to the shareholders.
Select the correct answer from the possible choices given below and rewrite the statement:
The _______ concerns can acquire funds from various sources.
Briefly explain the following source of finance:
Trade Credit
