Economics · Business Finance
Which one of the following statements is true regarding business finance?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Long-term finance can be withdrawn entirely at a very short notice.
- 2Long-term finance is not required in trading or transport businesses.
- 3Long-term finance is generally required only for a period of less than 1 year.
- 4Long-term finance is associated with long-term return on the investment.✓
Correct answer
Long-term finance is associated with long-term return on the investment.
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