QUESTION 2 As the financial manager of Gold Mining Limited you have been tasked to come up with strategy that will help finance your business that is engaging in an expansion program. You are to write a report addressed to the Financial Director informing on the differences between the following various sources of finance: (i) Short-term financing Trade credit and Leaning on trade Factoring and hire purchase (ii) Intermediate finance Venture capital and business angels (iii) Long-term financing Ordinary shares and Preference shares Bonds and debentures

As the financial manager of Gold Mining Limited you have been tasked to come up with strategy that will help finance you business that is engaging in an expansion program. You are to write a report addressed to the Financial Director informin on the differences between the following various sources of finance: (i) Short-term financing Trade credit and Leaning on trade Factoring and hire purchase (ii) Intermediate finance Venture capital and business angels (iii) Long-term financing Ordinary shares and Preference shares Bonds and debentures