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Shareholders' funds refer to equity capital and:

ATrade creditors
BRetained earnings
CBank overdrafts
DPublic deposits
Answer & Solution
Correct answer: B. Retained earnings
1. Borrowed funds come from debentures and loans. 2. Shareholders' funds are equity plus retained earnings. 3. Firms need a judicious mix of both. _Source: NCERT Class 12 Business Studies Part II, Chapter 9, Financial Management._
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