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Identify the fundamental principle of finance

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Question - As the finance manager for an expanding construction company, you approached Bendigo Bank to discuss their range of available business loan facilities.

Identify the fundamental principle of finance related to the use of both short-term and medium to long-term finance by a business.

Explain the principle and why it is important for decision-making in taking out loans.

State 1 example each for short-term and medium to long-term credit that businesses can avail. Describe their purpose.

Reference no: EM133117862

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