State any four sources of long-term finance.

1.	State any four sources of long-term finance.
Answer» The various sources of finance can be classified into two categories on the basis of ownership of finance or funds. They are: I. Owned Funds or Owners Fund 1. Equity shares 2. Preference shares 3. Re-investment of profits/Retained earning. II. Borrowed Funds 1. Debentures and Bonds. 2. Loans from financial institutions 3. Loans from Commercial Bank 4. Public Deposits. 5. Trade Credit 6. Bank Credit

Answer»

The various sources of finance can be classified into two categories on the basis of ownership of finance or funds. They are:

I. Owned Funds or Owners Fund

1. Equity shares

2. Preference shares

3. Re-investment of profits/Retained earning.

II. Borrowed Funds

1. Debentures and Bonds.

2. Loans from financial institutions

3. Loans from Commercial Bank

4. Public Deposits.

5. Trade Credit

6. Bank Credit

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