Question

how the financial needs of a business can be classified​

Answer 1

Answer:

According to the length of the period for which funds are required the sources of raising finance may be classified as follows: (i) Long-term capital (indefinite period). ADVERTISEMENTS: (ii) Short-term capital (up to one year).

Explanation:

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Answer 2

Answer:

(i) Fixed capital requirement.

(ii) Working capital requirement.