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First, thanks for buying the book.

Second, use short-term and long-term debt. Debt, as well as stockholders' equity, are the two primary ways in which companies finance the asset side of the balance sheet. So to capture the full cost of receivables, inventory, buildings, etc, we want to use working capital lines of credit, if any, as well as term debt and other long-term financing.


*new rule on the IETC board: authors with unusual names are requested to briefly explain what they mean to the rest of us.
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