Catch the short-term funds

Exercise and reference answers

Items

1. Matches the category

   Yes

   Item

   Trade credit

2. Matches the category

   Yes

   Item

   Comm paper

3. Matches the category

   Yes

   Item

   Line of credit

4. Matches the category

   Yes

   Item

   Factoring

5. Matches the category

   No

   Item

   Term loan

6. Matches the category

   No

   Item

   Mortgage

7. Matches the category

   No

   Item

   Bond issue

8. Matches the category

   No

   Item

   Equity issue

Category

Short-term finance

Instructions

Catch the short-term sources of funds. Let the long-term ones fall.

Explanation