Types of spontaneous financing
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What are some types of spontaneous financing that are available to organizations? Which of these types is used by your organization? Is it important for an organization to establish a line of credit? Why or why not?
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This discusses the types of spontaneous financing
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What are some types of spontaneous financing that are available to organizations?
These are creditors, accounts payable and other outstanding expenses which increase automatically due to increase in sales.
Organization gets trade credit from supplier of goods in normal course of business. Its an informal arrangement, granted on an open account basis, not formally acknowledged as a debt. It may also take the form of bills payable. It will depend on ...
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