Credit available to your company is primarily dependent upon

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Reference no: EM131842964

1. You are able to deposit $850 into a bank CD today, and you will withdraw the money only once the balance is $1,000. If the bank pays 5 percent interest, how long will it take for the balance to reach $1,000?

2. With the exception of funding from BIG AL, the amount of short term lines of credit available to your company is primarily dependent upon:

Your Return on Sales

Your Receivables and Inventory

The Debt to Equity Ratio of your company

The Fixed Assets your company owns

Reference no: EM131842964

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