Answer:
The main functions of the ECA include the study of problems of the economic and social development of the African countries, the promotion of the economic development of the African states, and the strengthening of their economic relations both with one another and with other countries.
Answer:
B. False
Explanation:
The days sales in receivable indicates the number of days in which a company receives the payments of its credit sales. A lower number indicates that the business collects the money faster and more efficiently. According to this, the statement is false because the days sales in receivable for baker sales is 35 and for xanadu company is 25 which means that xanadu company is having less difficulty in collecting the money.
Answer:
Trade credit
Explanation:
The answer to this question is trade credit. Trade credit can be defined as a loan that is given by one trader to another trader when they buy goods and services without immediate payment. That is when these are bought on credit. Through trade credit, there is the facilitation in the purchase of supplies without paying for the suppliers immediately. It is mostly used as a way of short-term financing.
Answer:
Explanation:
Suppose NanoSpeck, a biotechnology firm, is selling bonds to raise money for a new lab-a practice known as DEBT_ finance
Buying a bond issued by NanoSpeck would give Paolo _business interest in _______ the firm
In the event that NanoSpeck runs into financial difficulty, BONDS _______ will be paid first.
.
