Assignment 1.
First, spend a couple of sentences summarizing the Concepts in Action video you watched. Then, answer the following. In the Concepts in Action video you watched, the speaker mentioned that for a small business, having payment terms is like using "free money" for a while. What do you think this means? And in your personal financial life, can you think of a situation where you also have access to using free money for a little while every month?
Assignment 2
What are some advantages and disadvantages to a company in using short-term financing?
Requirements: Discussion board response should be approximately 200 words
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.