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1. Commercial finance companies obtain loanable funds: Answer to a lesser extent than commercial banks through equity capital through both long- and short-term borrowing from
1. Commercial finance companies obtain loanable funds:
Answer
to a lesser extent than commercial banks through equity capital
through both long- and short-term borrowing
from the Small Business Administration
primarily from the sale of preferred stock
2. Working capital does not include:
Answer
cash
accounts receivable
marketable securities
property, plant, and equipment
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