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Coopers and Lybrand Coopers and Lybrand Ltd is a private limited company. Finance is needed throughout a company's life. The type and amount of finance required for a business depends on many factors: type of business, success of firm and state of the economy. There are two main types of money that a company needs: Capital expenditure and working capital. Capital expenditure is used for buying fixed assets where a large amount of money but not often purchased. Working capital is day-to-day money required for running the business. These are short-term finance which is usually needed to star t up a business to cover the day-to-day running costs. Long-term capital is used to grow or expand and is paid back over a number of years. There are two main types of finance: Internal and external sources of finance. Internal sources of finance come from the business's assets and activities e.g. retained...

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