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1. |
Difference between short-term finance and long term finance? |
Answer» Long term finance - long term sources fulfill the financial requirement of an enterprise for a period exceeding five year for example share, debenture ,long term borrowingShort term sources-short term funds are those which are required for a period not exceeding one year trade credit, loans ,from commercial banks and commercial paper are some of the example of the sources that provide funds for short duration | |