Question

what is business finance? name the funds needed for day to day operations of a business.
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Answer 1

Answer:

business finance refers to money and credit employed in business .. . finance is the basic of business ...

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Answer 2

Answer: Business finance refers to money and credit employed in business. Finance is the basic of business. It is required to purchase assets, goods, raw materials and for the other flow of economic activities. Business finance can be defined as “The provision of money at the time when it is needed by a business”. When an entrepreneur takes a decision to start business the need of fund arises in order to meet the expenses of establishment of business, finance is required for purchasing fixed and current assets, for day-to-day operations, purchase of raw material, to pay salaries etc.

Explanation: