Question
1. Under normal circumstances why would it not be advisable to use short-term bank borrowings to fund capital expenditure? 2. How can the basic interest
1. Under normal circumstances why would it not be advisable to use short-term bank borrowings to fund capital expenditure?
2. How can the basic interest expense, formula Interest, and Principle Rate Time be used to estimate the annualized cost of short-term credit?
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Project management the managerial process
Authors: Eric W Larson, Clifford F. Gray
5th edition
73403342, 978-0073403342
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