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As the finance manager for a growing mining services company, you approach Bank West Limited to...

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Finance

As the finance manager for a growing mining services company,you approach Bank West Limited to discuss their range of businessloan facilities. Identify the fundamental principle of finance thatrelates to the use of both short-term and medium to longer-termfinance by a business. Explain the principle and discuss why it isimportant.As the finance manager for a growing mining servicescompany, you approach Bank West Limited to discuss their range ofbusiness loan facilities. Identify the fundamental principle offinance that relates to the use of both short-term and medium tolonger-term finance by a business. Explain the principle anddiscuss why it is important.

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The fundamental principle offinance that relates to the use of both shortterm and medium tolongerterm finance by a businessThe short term finance should beused to finance the short term goals and objectives This isprimarily to ensure that there is no mismatch between assets    See Answer
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As the finance manager for a growing mining services company,you approach Bank West Limited to discuss their range of businessloan facilities. Identify the fundamental principle of finance thatrelates to the use of both short-term and medium to longer-termfinance by a business. Explain the principle and discuss why it isimportant.As the finance manager for a growing mining servicescompany, you approach Bank West Limited to discuss their range ofbusiness loan facilities. Identify the fundamental principle offinance that relates to the use of both short-term and medium tolonger-term finance by a business. Explain the principle anddiscuss why it is important.

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