To efficiently manage its working capital, DM Pharma Inc. has a business arrangement with the suppliers of its raw materials, packaging material, and machinery. These suppliers allow DM Pharma Inc. to take possession of the required goods and services and pay for them later or in installments. In this scenario, DM Pharma Inc. has obtained funding in the form of?
Trade credit.
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Home » Business » To efficiently manage its working capital, DM Pharma Inc. has a business arrangement with the suppliers of its raw materials, packaging material, and machinery. These suppliers allow DM Pharma Inc.