the most important form of short term business financing is: trade credit. a limited partnership is comprised of: both general and limited partners. working capital does not include: property, plant, and equipment. deposits placed in foreign banks that remain denominated in U.S. dollars are called: Eurodollars.
The goal of a business should be: maximization of owners wealth. under current tax laws the lowest marginal tax rate for both individual and corporation is: 15%. for corporations the principal agent relationship usually refers to the relationship between: owners/managers.
The bank line of credit is: the loan limit that a bank has established for a business customer. Compensating balances at a commercial bank are:
A revolving credit agreement is a: banker's standby agreement to provide a guaranteed line of credit for a specified period of time.