Page 2 - H6
P. 2
1. What are borrowed funds?
2. What is a debenture?
3. What is the reward for investing in debentures?
3/4 Marks Questions
1. State three advantages of debentures as a source of finance.
2. State three Limitations of debentures as a source of finance.
5/6 Mark Questions
1. State the salient features of borrowed funds.
2. Differentiate between owners’ funds and borrowed funds?
3. What are debentures? State the merits and limitations of debentures.
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