ACCOUNT

JAMB 2023 - Question 18

Account 2023 JAMB Past Questions - Question 18: Capital for a profit making organization is generated through

Capital for a profit making organization is generated through
A:
B:
C:
D:
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Correct Answer

C

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.