Joe needs display racks and cabinets to open his clothing store, but he doesn't have the money to pay for them right away. A supplier agrees to sell Joe the necessary equipment, lets him have them immediately, and allows Joe to pay for the goods over a six-month period. This is an example of.

a. equity financing.
b. an initial public offering.
c. a mortgage.
d. venture capital.
e. a trade credit.

Florence invested in a factory requiring. federally-mandated reductions in carbon emissions. how will this impact florence as the factory's owner? a. her factory will be worth less once the upgrades are complete. b. her factory will likely be bought by the epa. c. florence will have to invest a large amount of capital to update the factory for little financial gain. d. florence will have to invest a large amount of capital to update the factory for a large financial gain.