Economics · Business Finance
Which of the following statements best explains 'debt financing'?
- 1Borrowing funds from external sources that must be repaid with interest✓
- 2Selling the core assets of the company
- 3Obtaining non-repayable government subsidies
- 4Raising funds by issuing equity shares to investors
Correct answer
Borrowing funds from external sources that must be repaid with interest
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