What are the broad types of capital?

Name: What are the broad types of capital?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Capital can be broadly categorized as equity and debt. Equity capital represents ownership in the company, while debt capital represents money borrowed from others that needs to be paid back with interest. Assets, on the other hand, refer to something the company owns and can be used to generate revenue but are not a type of capital. Therefore, the best choice is D) both (a) and (b).

What Are the Broad Types of Capital