Financing through commercial paper and foreign borrowing

Assignment Help Financial Management

Reference no: EM131957910

1. Why should a business be worried about TORT laws? What makes these laws important to companies?

2. Biff deposited $9,000 in a bank account, and 10 years later he closes out the account, which is worth $18,000. What annual rate of interest has he earned over the 10 years (round your answer to two decimal places)?

3. Describe four types of short-term financing; trade credit, bank credit, financing through commercial paper and foreign borrowing.

Reference no: EM131957910

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