THE DECISION ON FIRM FUNDING
Autor: | ILIE RĂSCOLEAN, ILEANA-SORINA RAKOS |
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Jazyk: | angličtina |
Rok vydání: | 2016 |
Předmět: | |
Zdroj: | Annals of the University of Petrosani: Economics, Vol 16, Iss 2, Pp 117-128 (2016) |
Druh dokumentu: | article |
ISSN: | 1582-5949 2247-8620 |
Popis: | Microeconomic funding decision is complex and must ensure the selection of sources of financing at the lowest cost of procurement, but other economic criteria and constraints to which a company is subject. We distinguish, depending on the destination of the financing sources, two categories: short-term financing sources to cover the needs of the exploitation cycle and medium and long-term funding sources for investment financing. Depending on sources of origin, sources of funding are grouped into equity and borrowed sources. The paper presents the situation of a company that needs borrowed sources of shortterm loans to finance the needs of the operating cycle. Depending on the offer, the bank accesses a short-term loan package considered advantageous for the development and development of the specific activity. |
Databáze: | Directory of Open Access Journals |
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