Which of the following are uses of funds? (a) Purchase of fixed assets (b) Repayment of long-term
Question:
Which of the following are uses of funds?
(a) Purchase of fixed assets
(b) Repayment of long-term loans
(c) New issue of share capital
(d) Only (a) and (b).
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The correct answer is d Only a and b Explanation a Purchase of fixed assets This us...View the full answer
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Related Book For 
Financial Accounting For Management
ISBN: 9789385965661
4th Edition
Authors: Neelakantan Ramachandran, Ram Kumar Kakani
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