Pls answer Q no 5 both sections pls
Dear Student:
The answer to your query is as follows:
a. The funds needed for day to day operations are called as Working Capital.
b. The funds required for investing in permanent assets are called as Long-term funds. These funds are locked in for a long period of time into the business and are also called as Fixed Capital Funds. For example Investment in Machinery, Building, Land etc.
-Regards
The answer to your query is as follows:
a. The funds needed for day to day operations are called as Working Capital.
b. The funds required for investing in permanent assets are called as Long-term funds. These funds are locked in for a long period of time into the business and are also called as Fixed Capital Funds. For example Investment in Machinery, Building, Land etc.
-Regards