Home › CBSE Class 11 (Commerce) › Business Studies › Sources of Business Finance › Which source is classed as long-term finance?
Which source is classed as long-term finance?
ATrade credit loans
BShares and debentures
CCommercial papers
DFactoring services
Answer & Solution
Correct answer: B. Shares and debentures
Shares and debentures stay with the company for over five years, so they are long-term sources.
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