BUISENESS MANAGEMENT
MERCHANDISING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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retail merchandising business
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subsidiary ledger
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accounts payable ledger
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capital
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Detailed explanation-1: -It can consist of equipment, cash, accounts receivable, land, or buildings. Capital can also represent the company’s cumulative assets or the owner’s investment in the company.
Detailed explanation-2: -Financial resources are the funds and assets that finance an organisation’s activities and investments. In simple terms, financial resources are the monies that keep a business operating, and there are several ways a business will raise and use its financial resources.
Detailed explanation-3: -Key Takeaways Financial capital refers to a company’s cash, credit, or other funding purchasing power. Two principal sources of financial capital are debt and equity; retained earnings can also be considered a part of it.
Detailed explanation-4: -The three main sources of capital for a business are equity capital, debt capital, and retained earnings. Equity capital is where a company raises money by selling off a percentage of the business in the form of shares which are purchased and owned by shareholders.