Long-term sources of finance includes ____________.
A
Debentures
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B
Long-term borrowings
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C
Loans from financial institutions
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D
All of the above
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Solution
The correct option is D All of the above The long-term sources fulfil the
financial requirements of an enterprise
for a period exceeding 5 years and
include sources such as shares and
debentures, long-term borrowings and
loans from financial institutions.
Such
financing is generally required for the
acquisition of fixed assets such as
equipment, plant, etc.