alleryFunds needed to buy land, buildings, plant and machinery are the firm's:
AFixed capital requirements
BWorking capital requirement
CTrade credit requirement
DSeasonal stock requirement
Answer & Solution
Correct answer: A. Fixed capital requirements
1. These assets stay in the business a long time.
2. They are bought when the firm starts.
3. This need is fixed capital.
_Source: syllabus Business Studies, Chapter 8, Sources of Business Finance._
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