Correct the underlined word and rewrite the following sentence. Owned capital is temporary capital. - Secretarial Practice

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One Line Answer

Correct the underlined word and rewrite the following sentence.

Owned capital is temporary capital.

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Solution

Owned capital is permanent capital.

Concept: Sources of Owned Capital
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Chapter 2: Sources of Corporate Finance - Exercises [Page 37]

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Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 2 Sources of Corporate Finance
Exercises | Q 1. I) 1. | Page 37
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