Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What is the meaning of business finance?
What is the meaning of business finance?
- Funds required for a period not exceeding one year
- Financial needs of a business to carry out various activities (correct)
- Funds required to purchase fixed assets
- Funds required for day-to-day operations
What are the fixed capital requirements of an enterprise?
What are the fixed capital requirements of an enterprise?
- Funds required to purchase fixed assets (correct)
- Funds required for day-to-day operations
- Funds required for a period not exceeding one year
- Funds required for a period exceeding 5 years
What are the working capital requirements of an enterprise used for?
What are the working capital requirements of an enterprise used for?
- Fulfilling financial requirements for a period exceeding 5 years
- Purchasing fixed assets
- Holding current assets and meeting current expenses (correct)
- Fulfilling financial requirements for a period not exceeding one year
What are the long-term sources of funds based on the period basis?
What are the long-term sources of funds based on the period basis?
Signup and view all the answers
What are short-term funds required for?
What are short-term funds required for?
Signup and view all the answers
