Give an example of borrowed funds.
An example of raising borrowed funds by an organisation is loans from commercial banks.
List any three advantages of borrowed funds.
Treasury Bill is basically
(a) An instrument to borrow short-term funds.
(b) An instrument to borrow long-term funds.
(c) An instrument of capital market.
(d) None of the above.
Write any three points of difference between owner's fund and borrowed fund.