Where did they get their financing

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Q1. A company has zero debt in its financial statement. What do you think is the reason for this? Is it possible? Where did they get their financing? Is it good?

Q2. Suppose you are a debt collector and a borrower has defaulted on a loan in your company though he said countless times that he will pay you. As a well-trained personnel in your company, what is the most effective next step that you are taking?

Q3. Where does the money to fund government's infrastructure are coming from? Explain the importance of credit to the country.

Reference no: EM133188967

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