The tax benefit is achieved inQuestion 13Answera.Equity Financingb.Debt Financingc.Short term Financingd.Medium Term Financing

The tax benefit is achieved in Debt Financing.

Here's why:

When a company borrows money, it incurs interest expenses. These expenses are tax-deductible, meaning they reduce the company's taxable income. Therefore, the company pays less in taxes. This is a significant advantage of debt financing over other types of financing.

In contrast, equity financing involves raising money by selling shares of the company. The money raised through equity financing is not tax-deductible.

Short term and medium term financing refer to the duration of the loan or investment, not the method of financing, so they don't directly relate to tax benefits.