1. In a hypothetical situation that you are an owner of an SME with a great potential of growth and is planning for an expansion for a province-wide market here in Bohol, what kind of financing do you prefer, debt financing, or equity financing? Explain why.

2. In relation to the situation provided in question number 1, let us say that your SME requires long-term funds for expansion or acquisition of assets, what type of source or sources do you prefer? Explain why