1 which of the following is not a source of short-term, Ask an Expert

Finance

1. Which of the following is not a (source of) short-term financing?

A. Accruals

B. Account payable

C. Note payable

D. Sale of bonds

2. Loan amount is $10,000 and annual interest rate is 12 percent. Find the annual effective rate if interest is paid quarterly.

A. 12 percent

B. 12.55 percent

C. 13.74 percent

D. 13.99 percent

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92411252

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