Explain why the fixed assets of a company should be funded by long-term finance.

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Accounting A Level And AS Level

ISBN: 9780521539937

1st Edition

Authors: Harold Randall

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Question Posted: Aug 28, 2023 01:37 PM

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Explain why the fixed assets of a company should be funded by long-term finance.

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Funding a companys fixed assets also known as capital assets or property plant and equipment with longterm finance is a prudent financial strategy for several reasons Matching of Tenure Fixed assets t...View the full answer

Accounting A Level And AS Level

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