Which of the following statements is false?
A. Venture capital is outside equity that comes from professionally managed pools of investor money.
B. Term Loan from bank is needed to pay dividends toshareholders on time.
C. Permanent working capital is the amount a firm needs to produce goods and services at the lowest point of demand.
D. Temporary working capital is the amount which a firm may need to meet seasonal demand.
Answer:B
Which of the following statements is false?
A. Venture capital is outside equity that comes from professionally managed pools of investor money. B. Term Loan from bank is needed to pay dividends toshareholders on time. C. Permanent working capital is the amount a firm needs to produce goods and services at the lowest point of demand. D. Temporary working capital is the amount which a firm may need to meet seasonal demand.