Business Studies, asked by mohdamaanasif, 3 months ago

Q21. ‘A business manages its funds requirements through its normal business operations without going to public or any financial institution’. Which source of funds being referred to in this statement? *

Inter Corporate Deposits
Retained Earnings
Cash Credit
Trade Credit

Answers

Answered by canmshihora

0

Answer:

Retained Earnings

Explanation:

Inter Corporate Deposits- The company takes funds from another company.

Retained Earnings - The Business uses its own fund retained in reserves.

Cash Credit - The Business uses working capital facility from bank.

Trade Credit - The Business uses credit facility from bank or NBFC.

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