Every business needs money to fulfill its financial requirements and also for growth. Business owners try to find money from various sources to fund their businesses. Required: Briefly explain the following sources of finance: (a) Hire Purchase (b) Factoring (c) Equity Share Capital (d) Preference Share Capital (e) Leasing (f) Debentures (g) Depreciation fund
Every business needs money to fulfill its financial requirements and also for growth. Business owners try to find money from various sources to fund their businesses. Required: Briefly explain the following sources of finance: (a) Hire Purchase (b) Factoring (c) Equity Share Capital (d) Preference Share Capital (e) Leasing (f) Debentures (g) Depreciation fund
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Every business needs money to fulfill its financial requirements and also for growth. Business owners try to find money from various sources to fund their businesses.
Required:
Briefly explain the following sources of finance:
(a) Hire Purchase
(b) Factoring
(c) Equity Share Capital
(d)
(e) Leasing
(f) Debentures
(g)
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