Which area of finance deals with sources of funding and capital structure?

The area of finance that focuses on sources of funding and capital structure is corporate finance. This branch of finance is primarily concerned with how companies raise capital, manage and allocate financial resources, and optimize their capital structure to maximize shareholder value. In corporate finance, key considerations include how to finance operations through debt or equity, how to manage the balance sheet, and how to make investment decisions that drive growth.

Corporate finance encompasses various activities such as budgeting, financial forecasting, making investment decisions, and determining the mix of financing options that will minimize costs and maximize returns. Understanding these concepts is crucial for managers in making strategic financial decisions that affect the company's overall health and performance.

While business finance may seem similar, it is broader and could include various finance aspects related to the operation of a business, not solely focusing on capital structure and funding sources. Public finance typically deals with government expenditures and revenues, while personal finance focuses on individual financial management, such as budgeting and savings, rather than capital structure at an organizational level.