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Sources Of Business Finance

Question

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What is long term finance ?

Solution

Funds which are required to be invested in a business for a long period i.e., more than five years are known as long-term finance.

Some More Questions From Sources of Business Finance Chapter

Give meaning of working capital.

Give types of working capital.

Give meaning of owner’s capital.

Give meaning of borrowed capital.

Give meaning of long-term finance.

Give meaning of medium-term finance.

Give meaning of short-term finance.

Define shares.

Give the types of shares.

Define preference shares.

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