AB Ltd. has an equity capital of rupees 20, 00,000(2,00,000 equity shares of 10/-
each).The earnings before interest and taxes is Rs.3,00,000. The company needs
rupees 7,00,000 for expansion of business. The prevailing tax rate is 30%.The debt fund
which is available in the market @ 7% p.a. As you are appointed as financial manager
of the company suggest which source for raising the fund should be opted and why?
Answers
Answered by
1
Answer:
600o
Explanation:
per need
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