The most widely used source of short-term funding that Mr. Boyd (and other small business owners) would use to operate their business is trade credit.
<h3>What is Trade Credit?</h3>
This refers to the purchase financing where a person is allowed to collect goods and pay for them at a later date.
Hence, we can see that short term fundings are used to help startups and other businesses to stay afloat and the type of funding used by Mr. Boyd is trade credit.
Read more about trade credit here:
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A financial goal that I have is to have a well-paying job as I get out of high school so I can afford to go to a University of my choice. This way I won't be in crippling debt and have to take out massive student loans. However, inflation as well as taxes will influence this. Income taxes will force me to have to give up some of my hard-earned money, which will significantly reduce the amount of money I actually make.
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Answer:
Explanation:
Elion and her colleagues were responsible for developing important drugs.
Answer:
-5x+4y=20
Explanation:
A line passes through point (-8, -5) and has a slope of 5/4
Write an equation in Ax+By=C form for this line.
Use integers for A, B, and C.
So we have a point and a line we can use the point slope formula
y-y1=m(x-x1)
y-(-5)=(5/4)(x- -8)
y+5=(5/4)(x+8)
y=5/4x+10-5
y=5/4x+5
Then we multiply 4 both sides
4y=5x+20
-5x+4y=20