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Three Basic Factors That Determine Which Sources of Short-Term Financing

question 141

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Three basic factors that determine which sources of short-term financing a firm uses are the effective cost of financing,the availability of credit,and the influence of the use of a particular credit source on the cost and availability of other sources of financing.


Definitions:

Speaking Slowly

The deliberate reduction in the speed of verbal communication, often used to improve clarity or assist in understanding.

Encouraging

Providing support or confidence to someone through words or actions, often to motivate or uplift them.

Assertively

Expressing one's self with confidence and directness while respecting others' opinions and needs.

Therapeutic Communication

Techniques used by healthcare providers to support the patient's mental and emotional well-being, facilitating effective information exchange and relationship building.

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