A.He left his notes in class.B.He had to borrow the notes from his classmates.C.He doe
A. He left his notes in class.
B. He had to borrow the notes from his classmates.
C. He doesn't have an exam.
D. He loaned his notes to a classmate.
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Having lived in America for several generations, Chinese Americans retain few aspects of their ancient culture.
A. Y
B. N
C. NG
Short-term debt is a major source of funds for a firm. For large firms, commercial banks are the source of short-term finance, and for small firms, they can also turn to commercial banks when they have difficulties in revolving, Lines of credit may be obtained【B1】commercial banks as a possible way of【B2】that the firm has a/an【B3】source of short-term finance.
In general,【B4】banks can increase the effective rate of【B5】that they earn on a loan by requiting a【B6】to maintain compensating balances, by discounting the【B7】in advance(i.e. deducing the interest at the beginning of the loan), or【B8】requiring installment payments. How- ever, commercial bank loans may still be cheaper than other【B9】of short-term finance such as trade credit.
Trade credit is【B10】to suppliers and is a【B11】source of finance. Many small firms use it【B12】there is no other source of funds【B13】to them. The borrower may also be【B14】of its true cost which is【B15】more expensive than short-term loans from commercial【B16】
Commercial paper is unsecured short-term debt. It is usually【B17】by large creditworthy corporations as【B18】source of short-term funds. The【B19】interest rate is usually lower【B20】comparable commercial bank loans.
【B1】
A. from
B. with
C. through
D. in
A.There is no time to fit in a course.B.She hasn't started to work yet.C.It's too earl
A. There is no time to fit in a course.
B. She hasn't started to work yet.
C. It's too early to register for the course.
D. She has a lot of forms to sign.
A.It left a few minutes ago.B.They don't have to rush for it.C.He'd rather take a late
A. It left a few minutes ago.
B. They don't have to rush for it.
C. He'd rather take a later one.
D. He thinks it has been delayed again.