
Regret Letter. When shares are not allotted by the company to shares applicant are informed about rejection of their share applications. The regret letter need not be preserved.
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Answer: Working Capital and Factors Affecting Requirement. Meaning of Working Capital: Working capital means current assets or circulating capital. Experts define working capital in both, narrow as well as broad sense. In the narrow sense, it is defined as “the difference between […]
Answer: Capital Structure & Internal and External influencing Capital Structure. Meaning – Capital Structure constitutes two words i.e. Capital and Structure. The word ‘capital’ refers to the investment of funds in business while ‘structure’ means arrangement of different components in proper proportion. Capital […]
Answer: Fixed Capital and its Factors Affecting Requirement. Meaning: Fixed capital is that portion of total capital which is invested in fixed assets such as, land, building, equipments, machinery etc. It may be held in business for 5, 10 or 20 years […]