A company needs to increase its stock of raw material and finished goods, which will require funds of Rs 50 lakhs. What are the various options available with the company to finance this amount?.
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Answer: Trade credit, Loans from commercial bank, and public deposits.
Explanation:
Solution :
The various options available with the company to finance the working capital needs of 40 lakh are :
(i) Trade Credit
(ii) Loans from Commercial Banks
(iii) Public Deposits
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