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Q. |
The main source of long-term credit for a business unit is - |
A. | sale of stocks and bonds to the public |
B. | borrowing from banks |
C. | loans from the Government |
D. | deposits from the public and financial institutions |
Answer» A. sale of stocks and bonds to the public | |
Explanation: Companies issue securities called stocks and bonds to raise necessary capital which funds the company's daily operations and |
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