Question on: JAMB Accounting - 2023
Capital for a profit making organization is generated through
A
gift
B
donation
C
shares
D
subscription
Ask EduPadi AI for a detailed answer
Correct Option: C
Capital for a profit-making organization is generated through 'shares.' Companies raise capital by issuing shares to investors. Shareholders invest in the company by purchasing shares.
Add your answer
Please share this, thanks!
No responses