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Question
Which list contains long-term sources for financing fixed capital?
Options
Equity, preference shares, debentures, long-term loans, retained earnings
Inventories, debtors, bills receivable
Acquisition, expansion, modernisation, replacement
Plant & machinery, land & building, vehicles
MCQ
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Solution
Equity, preference shares, debentures, long-term loans, and retained earnings are long-term sources. They can finance investment in fixed assets.
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