alleryFunds used to hold stock, bills receivable and to pay wages and rent are the firm's:
ALoan capital
BWorking capital
CFixed capital
DShare capital
Answer & Solution
Correct answer: B. Working capital
1. They cover day-to-day operations.
2. They finance current assets and expenses.
3. That is working capital.
_Source: syllabus Business Studies, Chapter 8, Sources of Business Finance._
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