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what is finance?
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Answer Posted / vikram
FINANCE MEANS PROCUREMENT OF FUNDS AND EFFECTIVE
UTILIZATION OF THOSE FUNDS.
PROCUREMENT:
1)ISSUE OF SHARES
2)DEBENTURES
3)LOANS
4)SALE OF ASSETS etc.
UTILIZATION:
1)PURCHASE OF ASSETS
2)ACQUISITIONS
3)WORKING CAPITAL etc.
finance means funds utilized for the running of the
business.It is in the form of working capital and other
running expenses.
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