These shares represent the ownership of a company and thus the capital raised by issue of such shares is known as ownership capital or owner’s funds.Select one:a.equity sharesb.share capitalc.watered sharesd.owned shares
Question
These shares represent the ownership of a company and thus the capital raised by issue of such shares is known as ownership capital or owner’s funds.Select one:a.equity sharesb.share capitalc.watered sharesd.owned shares
Solution
The correct answer is a. equity shares. These are the shares that represent the ownership of a company, and the capital raised by the issue of such shares is known as ownership capital or owner’s funds.
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