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Long-Term Sources of Business Finance

Telangana Open School (TOSS) · Class 12 · Business Studies

Flashcards for Long-Term Sources of Business Finance — Telangana Open School (TOSS) Class 12 Business Studies. Quick Q&A cards covering key concepts, definitions, and formulas.

44 questions30 flashcards5 concepts

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30 Flashcards
Card 1Introduction to Long-Term Finance

What is long-term finance?

Answer

Long-term finance refers to funds that are required for a period exceeding one year. These funds are used to meet long-term financial needs such as purchasing fixed assets, modernization, expansion, r

Card 2Need for Long-Term Finance

Why do businesses need long-term finance?

Answer

Businesses need long-term finance for several reasons: (1) to purchase fixed assets like land, buildings, machinery; (2) to fund major corporate activities like mergers, acquisitions, and modernizatio

Card 3Internal Source of Finance

What are retained earnings?

Answer

Retained earnings refer to the portion of a company’s profits that are not distributed as dividends to shareholders but are instead kept (retained) and reinvested in the business. This internal source

Card 4Internal Source of Finance

What are the merits of retained earnings?

Answer

The merits of retained earnings include: (1) It is a cheap source of capital as no interest or dividend is paid; (2) It enhances financial stability by helping the company face downturns; (3) It benef

Card 5Internal Source of Finance

What are the demerits of retained earnings?

Answer

The limitations of retained earnings are: (1) It is only possible when the company earns high profits consistently; (2) It may lead to shareholder dissatisfaction due to lower dividends; and (3) It ma

Card 6External Sources of Finance

What are equity shares?

Answer

Equity shares represent ownership in a company. They do not carry any preferential rights regarding dividend or repayment of capital. Dividends are paid only after preference shareholders, and the rat

Card 7External Sources of Finance

What are the merits of issuing equity shares from the shareholders' point of view?

Answer

From shareholders' perspective, the benefits are: (1) They are owners of the company; (2) They can earn high returns if the company performs well; (3) Share value can increase in the stock market; (4)

Card 8External Sources of Finance

What are the merits of issuing equity shares from the management's point of view?

Answer

From management’s perspective, the advantages are: (1) No charge on assets; (2) No obligation to repay capital during the company’s lifetime; (3) No compulsion to pay dividends; (4) Enhances credibili

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What are the important topics in Long-Term Sources of Business Finance for Telangana Open School (TOSS) Class 12 Business Studies?
Long-Term Sources of Business Finance covers several key topics that are frequently asked in Telangana Open School (TOSS) Class 12 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Long-Term Sources of Business Finance — Telangana Open School (TOSS) Class 12 Business Studies?
Understand the core concepts first, then work through the 44 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.
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There are 30 flashcards for Long-Term Sources of Business Finance covering key definitions, formulas, and concepts. Use them daily for 10–15 minutes for best results.

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