1.

Many times we read that a corporate entity is in the process of raising its capital base. Why is a company required to raise money to strengthen its capital base ? To finance its expansion plans To finance its diversification plans To repay its loans and borrowingsz

A. Only 1
B. Only 2
C. Only 3
D. Only 1 and 2
E. All 1, 2 and 3
Answer» B. Only 2


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