Firms Need to Borrow for Operating Purposes Because They

question 3

Multiple Choice

Firms need to borrow for operating purposes because they

• A)need to pay for goods and services after they have sold them.
• B)need to pay for goods and services before they will have revenue from their sales.
• C)are always in debt.
• D)need constant bailouts.

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Definitions:

Thyroid Gland

A butterfly-shaped gland located in the front part of the neck that produces thyroid hormones, which regulate the body's metabolism, energy, and growth.

Follicles

Follicles are small sacs within the ovaries in females or hair follicles in the skin, involved in oocyte development or hair growth.

Parathyroid Glands

Small endocrine glands in the neck that produce parathyroid hormone (PTH), which regulates calcium levels in the blood and bone metabolism.

Spherical Follicles

Round-shaped structures, especially those found in the ovary that contain immature eggs in females.