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Which of the following is a long-term source of finance?

Which of the following is a long-term source of finance?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Trade credit
  • B Bank overdraft
  • C Commercial paper
  • D Equity capital
  • E Inventory loANS#
Correct Answer: Option D
Explanation:
Equity capital is a long-term source of finance for businesses.

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