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in Business Studies by (60.0k points)
Fashion, Hut, a reputed garments mkanufactring units needs to meet its day-to-day expenses like wages, rent, maintaining stock of raw material etc. The owner approaches the supplier of the raw matirals to give credit for two months, so that he can get cloth for making garments without immediate payment. The supliers made an enquiry regarding the business organisation and found that its reputation was very good. So it extended tow montsh credit to it.
Identify the source of the fincance discussed above. s

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1 Answer

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by (60.0k points)
Correct Answer - Trade credit

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