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Long-term funds are required to purchase ______ assets. - Commerce

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प्रश्न

Long-term funds are required to purchase ______ assets.

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उत्तर

Long-term funds are required to purchase fixed assets.

Explanation:

Fixed assets include machinery, land, buildings, and equipment these are assets used for long-term operations in a business.

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अध्याय 3: Sources of Financial for a Join stock Company - QUESTIONS [पृष्ठ ९३]

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सी. बी. गुप्ता Commerce Volume 2 [English] Class 12 ISC
अध्याय 3 Sources of Financial for a Join stock Company
QUESTIONS | Q 31. | पृष्ठ ९३
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