Which of the following statements is not correct? a. Lenders of growth capital depend on anticipated profitability

Question:

Which of the following statements is not correct?

a. Lenders of growth capital depend on anticipated profitability for repayment over an extended period of time.

b. Every business needs equity, working and growth capital.

c. Equity capital is generally repaid within one year.

d. Debt capital is primarily obtained from financial institutions.

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