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What is the main purpose of determining capital requirements in financial planning?
  • a)
    To estimate promotional expenses
  • b)
    To assess short-term capital needs
  • c)
    To ensure adequate funds are available
  • d)
    To reduce uncertainties in market trends
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the main purpose of determining capital requirements in financ...
The main purpose of determining capital requirements in financial planning is to ensure that adequate funds are available to support the company's operations and investments. It helps maintain financial stability within the organization.
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What is the main purpose of determining capital requirements in financial planning?a)To estimate promotional expensesb)To assess short-term capital needsc)To ensure adequate funds are availabled)To reduce uncertainties in market trendsCorrect answer is option 'C'. Can you explain this answer?
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