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Explain any two factors which influence the choice of source of finance to be used by a business.
in Economics and Finance by Diamond (75,450 points)
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1 Answer

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The business's financial situation can be used to show banks and other creditors that the business is able to repay loans.

The business's reputation can be used by managers to persuade banks and other creditors.

The business's legal structure assists in making decision related to sources of finance.

The business environment such as sales trends on the market, prevalent interest rates.
by Diamond (40,182 points)

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