wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Mr. Shah, a businessman of the textile industry has rented some necessary machines and equipment for 3 years. Within a very short time period, he became very famous in the business field. What sources has Mr. Shah taken to support funds for the collection?


A

Preference capital

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

Debentures

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C

Equity capital

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

Advances from purchase

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B

Debentures


A debenture is an important instrument for raising long term capital.


flag
Suggest Corrections
thumbs-up
0
similar_icon
Similar questions
View More
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Sources of Finance I
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon