What are the advantages of trade credit over a bank loan


Assignment

Part 1

1. What is a budget?
2. What is a fixed budget?
3. What is a disadvantage of a rolling budget?
4. What is a zero based budget?
5. Why is the cash budget important for the firm's financial managers?
7. What are the steps to build a cash budget?
8. List five tips for effective budgeting.

Part 2

Using Word, answer the following:

1. How are most small businesses initially financed?

2. What are the advantages of trade credit over a bank loan?

3. What is collateral? How is it used in a small business loan?

4. Identify the two ways in which eBay's growth was financed?

5. What is an IPO?

6. What is the general principle of matching of assets and financing?

7. Describe Growth 2 of the Life-Cycle of Financing

Part 3

1. What are Money Markets?

2. Define the Primary Market

3. Define the Secondary Market

4. What are the major features of common stock?

5. What is preferred stock?

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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Financial Management: What are the advantages of trade credit over a bank loan
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