hannahenyuan1705 hannahenyuan1705
  • 17-07-2019
  • Computers and Technology
contestada

An entrepreneur mayfinance fixed assets by:

a. Inventoryloans

b. Installmentloans

c. Short-termdebt

d. Long-termdebt

Respuesta :

demimurray573
demimurray573 demimurray573
  • 28-07-2019

Answer:

C - Short-term debt

Explanation:

Asset financing refers to using the company's fixed assets as leverage/collateral to borrow money through a loan. It is always used to address short-term capital requirements and would therefore be best done through short-term debt.

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