In what situations would you seek short-term financing? In what ...

[eruditmonkey@yahoo.com]

In what situations would you seek short-term financing? In what situations would you seek long-term financing?

Question 2

According to Maslow's theory, safety is the most basic and the most important need.
 
 Indicate whether the statement is true or false

[k.lashomb]

Answer to Question 1

Short-term financing, money that will be used for one year or less, may be used to offset cash-flow problems, produce speculative production, obtain current inventory, pay monthly expenses, cover short-term promotional and unexpected emergencies. Long-term financing, money that will be used for more than one year, is often used for business start-up costs, mergers and acquisitions, new product development, long-term marketing activities, replacement of equipment, and expansion of facilities.

Answer to Question 2

False