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27. Landmark Ltd. is a company …

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27. Landmark Ltd. is a company dealing in making stainless steel items. With increase in demand and need for making best quality product, it has decided to buy high technology machine from Japan. What procedure will Land Mark Ltd. need to follow? Explain in detail.

Posted by Kartik Verma 3 years, 7 months ago

CBSE > Class 11 > Business Studies

1 answers

Sia ? 3 years, 7 months ago

Ladmark Ltd. is going to expand its productivity capacity by puchasing latest technology. So, the company should use its retained earnings for this situation. In case retained eaenings is not sufficient for puchasing the technology, it can issue shares.

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