5)

4)

5. A for-profit company has two basic sources/classifications for raising long term capital - equity and debt. Please describe these 2 sources/classifications - i.e. what's included in these 2 sources/classifications, their characteristics, advantages, disadvantages, risk levels to the company? I "Because not for profit organizations do not aspire to make large profits, they don't need to construct budgets, nor do cash budgeting." Do you agree with the above statement? - justify your position