Assignment:
Q1. What is the prime rate? Who gets the prime rate?
Q2. What is the difference between a line of credit and a revolving credit agreement?
Q3. Explain how factoring works. Of what benefit is factoring to a firm that sells its receivables?
Q4. What are the advantages of financing through the sale of stock?
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.