Question

23. Ruchika limited, a reputed company in India want to tap the high amount of
resources for its growth and expansion from USA for long term needs. It also
needs money for a period less than three years to meet its medium as well as short
term need
2. Identify the two sources of finance should be used by the company to meet
its requirement Explain
b. State one ment of the second source​

Answer 1

Answer:

retained earnings and public deposits

b) does not create any charge on the asset