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Sources Of Business Finance

Question

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Explain Bank Credit.

Solution

Commercial banks are the single largest source of short-term finance to business firms.

Some More Questions From Sources of Business Finance Chapter

Give meaning of business finance.

Give meaning of fixed capital.

Give meaning of working capital.

Give types of working capital.

Give meaning of owner’s capital.

Give meaning of borrowed capital.

Give meaning of long-term finance.

Give meaning of medium-term finance.

Give meaning of short-term finance.

Define shares.

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