A source of short-term finance to companies is?

Assessment: JAMB UTME - Commerce - 2003 Subject: Commerce

Question 1 Report

A source of short-term finance to companies is?
Answer Details
Share capital, debentures, and retained earnings are all sources of finance, but in this case, the question is specifically asking for a source of short-term finance. Out of the given options, only one is a source of short-term finance, and that is "debentures." Debentures are bonds or other types of debt securities issued by a company that are repayable within a short period, usually a few years or less. Therefore, debentures can be considered a source of short-term finance for companies. Corporate tax, on the other hand, is a type of tax paid by companies on their profits and is not a source of finance for them.
Read lesson note on Financing Business (JAMB)
View Answer

Related Questions

1

The body with the responsibility to register shares for subscription on the stock market in Nigeria is the?
2

Use the information above to answer the question below. Find the current ratio.
3

Use the information above to answer the question below. What is the owners' equity?
4

The most widely used computer language that focuses on solving science-oriented problems is?
5

Money can simply be referred to as a?
6

Public debt management is one of the functions of a?
7

A type of long-term loan granted to companies with fixed interest as well as with redeemable and irredeemable features is referred to as?
8

The protection of consumers against exploitation by manufacturers is to ensure?

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning