Capital for a profit making organization is generated through
FINANCIAL
JAMB 2023
Capital for a profit making organization is generated through
- A. gift
- B. donation
- C. shares
- D. subscription
Correct Answer: C. shares
Explanation
Shares can be issued to the public for subscription. A lot of money can be raised to finance the operation of the business through the issue of new shares to members of the public.
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