Question
State difference between Long Term Capital and Short Term Capital.

Answer

No. Point of different Long Term Capital Short Term Capital
$1.$ Meaning The capital, which remains blocked in a business for ten years or more, is known as a long term capital. The capital, which is required for a short period of three to five years, is known as short term capital.
$2.$ Sources This capital is raised through equity shares, preferences shares and debentures. This capital is raised through bank loan, overdraft, public deposits or business credit.
$3.$ Form (nature) Such capital remains engaged in the form of fixed capital. Such capital remains engaged in current assets like stock of material, debtors & tools etc.
$4.$ Cash Liquidity This capital is blocked in fixed assets and is not converted into cash. So, it has no element of cash liquidity. This capital is invested in current assets. They are converted into cash on selling them. So, they have the element of cash liquidity.
$5.$ Rate of return As the capital is for a longer duration, the rate of return is not definite. As the capital is for a the rate of return is definite. short duration,
$6.$ Use Capital expenditure id made from this capital. This capital id used for day-to-day (revenue) expenditure.

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