Accountancy, asked by achurukku3050, 12 hours ago

Arvind limited required 100 crore rupees for expansion of their existing facilities. So, the company decided to issue shares worth 90 crore rupees and to take bank loan of 10 crore rupees to execute the plan. In the above case the decision taken by the firm is​

Answers

Answered by MHariNarayan
0

Answer:

fair and best as loan should be taken to a minimum amount, exceeding loans can make you unable to pay, causing bankruptcy

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