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Primary sources of short-term funds

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Reference no: EM132970815

1. What are the primary sources of short-term funds for new business owners? What are their major sources of long-term funds?

2. Why does a finance manager need to understand accounting information if the firm has a trained accountant on its staff?

3. Why do firms generally prefer to borrow funds to obtain long-term financing rather then issue shares of stock?

Reference no: EM132970815

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