Web Analytics

"A businss organization requires both long term and short term capital which can either be on the form of ownership capital and borrowed capital ." comment upon the statement with hypothetical example.

Verified Answer :

To start a business, the owner can be a solitary administrator
must donate to his business capital in the form of currency/non-current benefit
such as car for business to go on. The owner cam derive a sum of money from
bank, preceding that it can pay on time as approved upon with the bank

hope it helps