CIMA Fundamentals of Business Economics BA1 Question # 7 Topic 1 Discussion

CIMA Fundamentals of Business Economics BA1 Question # 7 Topic 1 Discussion

BA1 Exam Topic 1 Question 7 Discussion:
Question #: 7
Topic #: 1

Identify the source of funds most appropriate for a growing company to use which wishes to borrow funds long-term to pay for initial marketing research and promotion?


A.

A debenture


B.

A commercial bill


C.

Ordinary shares


D.

Overdraft


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