1) Worcester Tool Company is the large, U.S.-based, multinational corporation with subsidiaries in eight various countries. Parent of Worcester given the initial cash infusion to set up each subsidiary. Every subsidiary, though, has had to finance its own growth since then. Parent and subsidiaries of the firm normally utilize Citigroup (with branches in several countries) when possible to ease any flow of funds essential.
Describe the different methods in which Citigroup could ease Worcester’s flow of funds, and recognize the kind of financial market where that flow of funds happens. For each kind of financing transaction, identify whether Citigroup would serve as creditor or would simply ease the flow of funds to firm.
Requirements
Min Pages: 2