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Suren is the financial manager of Exiplex, a company that manufactures Plexiglas...
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Suren is the financial manager of Exiplex, a company that manufactures Plexiglas for industrial use. Exiplex uses large and expensive machinery during the production of Plexiglas and, as such, one of her main tasks is to ensure that there is enough finance for this machinery. Suren prefers to use long-term funds to finance temporary current-asset requirements as it is less risky. What type of short-term financing does Suren use at Exiplex?
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