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When XYZ company acquired a toy manufacturing company, it paid a large amount for the goodwill. Which source of business funds of XYZ company was impacted? - Commerce

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Question

When XYZ company acquired a toy manufacturing company, it paid a large amount for the goodwill. Which source of business funds of XYZ company was impacted?

Options

  • Fixed capital

  • Special working capital

  • Circulating capital

  • Gross working capital

MCQ
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Solution

Fixed capital

Explanation:

Fixed capital refers to the finances required to acquire fixed assets that will be used continuously for business activities.

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