Sponsor Area

Sources Of Business Finance

Question
CBSEENBS11004351

Which is not the feature of borrowed fund ?
  • This fund is raised by business firms for specific periods.
  • Main sources of this fund are share capital and undistributed profits.
  • Regular payment of interest is to be paid.
  • This fund can be raised against the securities of assets.

Solution

B.

Main sources of this fund are share capital and undistributed profits.