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Computers & TechnologyComputers & Technology
6 December, 19:41

An entrepreneur mayfinance fixed assets by:

a. Inventoryloans

b. Installmentloans

c. Short-termdebt

d. Long-termdebt

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Answers (1)
  1. 6 December, 19:48
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    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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