Which source of finance is more economical internal sources of external source?
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❏In contrast, external sources of finance include Financial Institutions, Loan from banks, Preference Shares, Debenture, Public Deposits, Lease financing, Commercial paper, Trade Credit, Factoring, etc.
❏While internal sources of finance are economical, external sources of finance are expensive
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Answer :
❏In contrast, external sources of finance include Financial Institutions, Loan from banks, Preference Shares, Debenture, Public Deposits, Lease financing, Commercial paper, Trade Credit, Factoring, etc.
❏While internal sources of finance are economical, external sources of finance are expensive
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