Question

Pranav Udyog Ltd. is a company manufacturing electric devices. The

company’s financial manager Mr. Aman in order to fulfill the long term

financial need, want to raise the cheapest source of finance. Identify and

explain any two features of the source of finance?​

Answer 1

Answer:

Debt and equity are the two major sources of financing. Government grants to finance certain aspects of a business may be an option.

Explanation:

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