The chief executive officer (CEO) of a retailer of clothes plans to expand business into the accessories market.For this expansion,the CEO asks the chief financial officer (CFO) of the company to calculate the amount of funds the company will have to borrow from the bank.Which of the following types of funding is the CEO planning to obtain?
A) Factoring
B) Trade credit
C) Equity capital
D) Debt capital
Correct Answer:
Verified
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