"A business organization requires both long term and short term capital which can either be on the form of ownership capital and borrowed capital " comment upon the statement with hypothetical example
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Borrowed capital is the capital which the business borrows from institutions or people.
owned capital is the capital that is owned by the business that includes shareholders and partners
Long term and short term capital is gained from these two types of capitals that is used for the growth of the business
owned capital is the capital that is owned by the business that includes shareholders and partners
Long term and short term capital is gained from these two types of capitals that is used for the growth of the business
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