A firm spends 100000 on investment in plant and equipment-


A firm spends $100,000 on investment in plant and equipment. It has available funds of $30,000 and borrows the additional funds from a bank.

Is the firm a net borrower or a net lender? What is the amount of the surplus or deficit?

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Financial Accounting: A firm spends 100000 on investment in plant and equipment-
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