A business organization can obtain long term financing through

A business organization can obtain long term financing through

  • A.
    bank overdraft
  • B.
    the sale of shares
  • C.
    credit purchases
  • D.
    bureau de change
Correct Answer: Option B
Explanation

Share capital is a longterm means of sourcing for business funds. It is the part of the capital of a company that comes from the issue of shares.

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