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Businesses may choose to finance their operations with external or internal sources. Briefly describe each of the main sources and give examples. What factors should

  1. Businesses may choose to finance their operations with external or internal sources.

  1. Briefly describe each of the main sources and give examples.
  2. What factors should be taken into account when determining the balance between short-term and long-term debt finance?

How lenders can gain further protection for their loan?

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