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State whether the following statement is true or false. Trade credit is major source of long term finance.

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Question

State whether the following statement is true or false.

Trade credit is major source of long term finance.

Options

  • True

  • False

MCQ
True or False
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Solution

Trade credit is major source of long term finance. - False

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Chapter 2: Sources of Corporate Finance - Exercises [Page 36]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 2 Sources of Corporate Finance
Exercises | Q 1. D) 7. | Page 36
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