Funds can also be raised from internal sources. Name such sources… - Vidyadip

Question

Funds can also be raised from internal sources. Name such sources.

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Answer

Internally generated funds come from several sources, such as:

Past savings, help from family members.
Retained profits.
Sale of assets.
Reducing working capital.
Forcing debtors to make early repayments or delaying payments to creditors.
Sale of less-used assets.
Procuring assets on rental or lease basis.
Sale of redundant assests.
Reducing short-term assets.

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