Which of the following represents a source of short-term funding?
A) Retained earnings
B) Commercial paper
C) Common stock
D) Corporate bonds

Question

Quizplus · Accepted Answer

Commercial paper is a form of short-term financing that allows companies to borrow money for up to 270 days through the issuance of unsecured promissory notes to investors. Retained earnings, common stock, and corporate bonds are typically used for long-term financing.

Which of the Following Represents a Source of Short-Term Funding