Question
a. Explain the purpose of capital in the enterprise. (3 Marks) b. Distinguish between real capital, financial capital and risk capital. (9 Marks). c. Discuss
a. Explain the purpose of capital in the enterprise. (3 Marks)
b. Distinguish between real capital, financial capital and risk capital. (9 Marks).
c. Discuss the interrelationship of firm capital and firm risk. (8 Marks)
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur Keown, John Martin
12th edition
133423824, 978-0133423822
