Financial planing ensures availability of funds for purchasing long term assets.
Funds required for purchasing current assets is an example of
(a) Fixed capital requirement
(b) Ploughing back of profits
(c) Working capital requirement
(d) Lease financing
___ is the process of estimating the financial requirements of an organisation specifying the sources of funds and ensuring that enough funds are available at the right time.
What is the name of funds required for purchasing fixed assets?