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Question THREE [20] 3.1 List the sources of finance and list the differences between own and borrowed capital. (7) 3.2 What are the advantages of

Question THREE [20]

3.1 List the sources of finance and list the differences between own and borrowed capital. (7)

3.2 What are the advantages of short-term finance? (4)

3.3 What are the disadvantages of short-term finance? (4)

3.4 What is working capital? (5)

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