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Old 07-26-2007, 01:16 PM
IcoLove IcoLove is offline
Junior Member
Join Date: Jul 2007
Location: Ontario/Canada
Posts: 1
Default Business Finance Course Questions

Hello all!

I am a non accounting type struggling through a distance-ed Business Finance summer course to complete a business admin diploma. I have a little project here that is asking two questions that I cannot find answers to.

1. What are the implications for a business that finances current assets with operating loans at prime?

2. What are the implications for a business that finances current assets with three-year term loans?

Some guidance would be much appreciated, if you think it's unethical to answer the questions outright for me... any help would be much appreciated. My textbook is just utterly useless.

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Old 09-19-2020, 05:46 PM
Valz Miky Valz Miky is offline
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Join Date: Sep 2016
Posts: 444
Default Re: Business Finance Course Questions

Honestly speaking I am just trading Forex with FreshForex broker for a long time so I don't have good experience in accounting so if you need more info with this then please search on the top blog site.
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