Procurement and Utilisation of Funds

Finance is required in order to maintain an adequate cash flow to keep the business operating and also for development. For the latter, the right amount is required at the right time and at the right cost. So the first question here is about deciding the capital structure of a company, which refers to the kind and proportion of different securities for raising long term finance. It involves decisions regarding the form of capitalization, the sum total of all long term securities issued by the company, equity as well as debt and the surplus not meant for distribution. It deals

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