5.A short-term, internal source of funds can be obtained by reducing all of the following
except
A.Short-term assets
B.Fixed assets
C.cash
D. Inventory
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Short term internal source of funds can be obtained by reducing all of the following except for fixed assets.
- Fixed assets are those long term tangible assets that are used by the company or a form for a long period. These assets are used in the further production and various operations of the business. For example, the office building of an organisation is a long-term asset for a business.
- A business firm cannot think of selling the fixed assets otherwise they won't be able to continue with their business operation which was used to produce income and it is not expected to be sold within a year.
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