1.

Which are the two types of finance required by the business concerns ? Give examples.

Answer»

The two types of FINANCE required by the business concerns are as follows:

  • Short TIME finance and long TERM finance are two type of finance requires by business concern.  
  • Short term financing includes account receivable financing, customer advances, overdraft agreement, on INSTALLMENT good selling.
  • The process of long term financing includes loans from bank in long term,debentures and EQUITY of issue, retain profit.
  • This is an ongoing process where in different time different routes are applicable.


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