Question

Guru is planning to start a diagnostic centre in Chennai he visit his uncle MS Arjun in Bombay who is successfully running a diagnostic centre for many years to seek his guidance Arjun said that the capital need for his business can be divided into two categories first one to buy land and building machinery and furnitures second funds will be required to meet day to day operation such as maintain stocks bills receivable and for meeting current expense like salary return extra
a) identify and explain the two types of capital being described by quoting lines from the paragraph
b) briefly outline any two factor that are likely to affect the requirements of each of the two types of capital as identified above​

Answer 1

Answer:

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