12th Class Business Studies Sample Paper Business Studies Sample Paper-3

  • question_answer
    ABC Ltd, a reputed industrial machines manufacturer, need Rs. 20 crore as additional capital to expand their business. Mr Kunal, the Chief Executive Officer (CEO) of the company wants to raise funds through equity. The finance manager, Mr Amit, suggested that the share may be sold to investing public through intermediaries, as the same will be less expensive. The proposal was accepted. Name the method through which the company decided to raise additional capital.

    Answer:

    Offer for sale is the method through which the company decided to raise additional capital.


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