Question

after completing the studies, priyanka decided to start her own business of handmade chocolates. After analysing all the pros and cons., she came to a conclusion that the total funds required are rs. 12,00,000. she had rs 2,00,000 in her saving bank account. as these finds were sufficient to approved within a month. on the basis of given case , answer the following:

i) categorise the two types of funds on the basis of ownership?

ii) out of the two sources of funds, which one is the permanent source of finance?

iii) Which source of funds require legal obligation to pay interest at a fixed rate at a regular interval?
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Answer 1

Answer:

1. please answer As soon as possible