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Short-term debt is a major source of funds for a firm. For large firms, commercial banks are the source of short-term finance, a
Short-term debt is a major source of funds for a firm. For large firms, commercial banks are the source of short-term finance, a
admin
2009-04-23
27
问题
Short-term debt is a major source of funds for a firm. For large firms, commercial banks are the source of short-term finance, and for small firms, they can also turn to commercial banks when they have difficulties in revolving, Lines of credit may be obtained【B1】commercial banks as a possible way of【B2】that the firm has a/an【B3】source of short-term finance.
In general,【B4】banks can increase the effective rate of【B5】that they earn on a loan by requiting a【B6】to maintain compensating balances, by discounting the【B7】in advance(i.e. deducing the interest at the beginning of the loan), or【B8】requiring installment payments. How- ever, commercial bank loans may still be cheaper than other【B9】of short-term finance such as trade credit.
Trade credit is【B10】to suppliers and is a【B11】source of finance. Many small firms use it【B12】there is no other source of funds【B13】to them. The borrower may also be【B14】of its true cost which is【B15】more expensive than short-term loans from commercial【B16】
Commercial paper is unsecured short-term debt. It is usually【B17】by large creditworthy corporations as【B18】source of short-term funds. The【B19】interest rate is usually lower【B20】comparable commercial bank loans.
选项
A、from
B、with
C、through
D、in
答案
A
解析
此处是固定搭配,obtain from表示“从…得到”。
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0
大学英语四级
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