S1 Sufficient working capital is needed to prevent business from becoming insolvent S2 Preference shares is a source of short term finance both are true both are false only S1 is true only S2 is true
S1 Sufficient working capital is needed to prevent business from becoming insolvent S2 Preference shares is a source of short term finance both are true both are false only S1 is true only S2 is true
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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S1 Sufficient
S2
both are true
both are false
only S1 is true
only S2 is true
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