Question: Section: Exercise: CRITICAL THINKING Please Answer the following Questions: 1. What are the PRIMARY SOURCES of SHORTTERM FUNDS for NEW Business Owners? 2. What are

Section: Exercise: "CRITICAL THINKING" Please Answer the following Questions: 1. What are the PRIMARY SOURCES of SHORTTERM FUNDS for NEW Business Owners? 2. What are their MAJOR SOURCES of LONGTERMFUNDS ? 3. Why does a Finance Manager need to UNDERSTAND ACCOUNTING INFORMATION if the firm has a trained accountant on its staff? 4. Why do Firms generally prefer to BORROW FUNDS to obtain LONG-TERM FINANCING rather than ISSUE SHARES OF STOCK? 5. What's the DIFFERENCE between SHORTTERMFINANCING \& LONG-TERM FINANCING ? Give Examples of EACH

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