Whicj type of finance is more economical internal or external source w – InterviewSolution

1.	Whicj type of finance is more economical internal or external source why
Answer» RAST, EXTERNAL sources of finance include FINANCIALINSTITUTIONS, Loan from banks, Preference Shares, Debenture, Public Deposits, Lease financing, COMMERCIAL paper, Trade Credit, FACTORING, etc. While internal sources of finance areeconomical, external sources of finance are expensive

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