________________ proves to be a cheap source of funds from the company’s point of view.

Options
- Hire Purchase
- Term Loan
- Retained Earnings
- Debentures

CORRECT ANSWER : Term Loan

Discussion Board
finance

wrong ans correct ans is debenture

yogeesh 09-25-2018 02:53 PM

wrong ansuare

retained earning

him 12-31-2016 01:29 AM

incorrect ans

retained earnings should be the correct answer....as it has no cost

pk 12-13-2016 04:25 AM

debenture

I think debenture is the cheap source of funds because the interest paid on debenture is tax free r exempted from tax

bhanu 01-4-2016 11:05 PM

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