Word Count : 638

---

Business enterprises require finance to start operations, purchase assets, meet working capital requirements, expand activities, adopt new technology and manage unexpected financial needs. The choice of finance depends on the nature, size and objectives of the enterprise. Business finance can be raised through various internal and external sources. One important method is owner’s capital or equity finance. In a sole proprietorship, the owner invests personal savings, while in a partnership, partners contribute capital according to their agreement. Companies can raise equity by issuing shares to investors. Equity finance does not normally create a fixed obligation to repay the capital, but ownership and control may be shared with shareholders. Another method is retained earnings. A profitable enterprise may retain a portion of its profits instead of distributing the entire amount among owners or shareholders. These retained profits can be used for expansion, replacement of assets and working capital. It is an economical source because it does not involve interest payments _____ _______ _____ ______ _________ __________ _____ _______ _______.
______ _______ ________ ________ ___ ________ _____ _______ _____.
_______ _________ ___ ____ _________ _____.
________ ______ ____ _____ _____ ________.
___ ____ __________ ___ ________ _________ ______ ____ _____ ____.
______ ______ _______ _________ ____ ___ _______ ____ ______ ________ ________.
____ _________ __________ __________ _____ _________ ________ _________ ____.
________ ____ ___ _____ _______ ___ _______ ____.
______ _______ ______ _____ _______ _______.
____ ________ _______ ______ __________ ____ ________ _____.
_______ _________ _________ _________ _______ ________.
____ ___ ______ ______ ________ _____ _________ __________ _______ ___ _________.
___ __________ __________ __________ ____ _____ _____ _________ ______.
______ _________ ____ _____ ____ _____ __________ _________ _________ ___ __________ _________.
________ _____ _____ ______ _______.
___ ______ ________ ____ ___.
__________ _________ __________ ____ __________ ____ ______ _______ _____ _____.
________ __________ ___ ___ _____ _____ ___ _________ _______ ____.
___ _________ ______ ___ __________ _____.
______ ___ _______ ____ ________.
___ _______ _______ _____ _________.
________ ___ ___ ________ _________ ________ _____.
_________ __________ _________ ____ ________.
_____ ________ __________ _____ ______ ____ __________.
_____ ____ _____ ____ _________.
________ _____ __________ __________ _________ ___.
________ _______ __________ ____ _____ _________ __________ _________ __________ __________ _____.
_____ _______ ___ _______ _______ ___.
___ ___ __________ ___ _______ ________ ______ ___ ____ _______ _______ ________.
_______ ________ ______ _______ ___ _______ ______.
_____ ____ ____ ______ _____ ______ ________ ____ ______.
______ __________ ________ _______ ____ ________ ___ _________.
___ ____ _____ _________ __________ ______ _____.
____ ________ ___ ____ _________ ________ ______.
____ ____ _____ ____ _______ _________ ________.
_________ ____ ________ ____ _________ _____ __________.
_____ ______ ______ ________ __________ ___ ______.
______ ________ _________ _________ __________ _____.
________ ______ ________ _______ ______ ________ ___ _____ ______ _________ ___.
_____ ____ ________ ________ __________ _________ ____ ________.
_____ _____ ___ ______ _______ ______ _____ _________.
________ _____ _______ _____ ______ ____ ____ ___ ________ _________ ___ ______.
___ ________ ___ _______ _____ _______ ____ _____ ___ ___.
___ _____ ____ _____ _________ _________ __________ ____ __________ ___ ________ _______.
__________ ______ _________ ____ ________ _____ __________.
________ _____ ___ _______ ________ __________ _________ ___.
______ _______ _________ _________ ________ ________ __________ ____.
______ ______ _____ ____ ___ ____ _________ _____ ______.
______ __________ _______ _____ ___ ________ _____ _________ ______ __________ ____.
_____ ______ _________ ______ __________ ___ ___ ___.
_______ _______ ________ _____ ____ _____ ________ ________ ____.
___ ________ _________ ______ ___ ______ ______.
________ ________ ____ _______ __________.
__________ __________ ______ _______ _______ __________ _________ ______.
_________ _______ _________ ________ __________ ____.
_________ _________ _________ _________ ___ ___ ___ _____.
________ ____ _____ _______ __________ _____ ________ ________ ___ _______ _______ _________.
_____ _______ ______ ______ __________ _____ ______ ______ ____ ________ _____ ________.
___ _______ _____ _____ ______ ____ _______ ___ __________ ____.
Get Full Answer on WhatsApp