SOURCES OF FINANCE

Institution MERU UNIVERSITY
Course BCOM
Year 1st Year
Semester Unknown
Posted By Mwalimu Evans Okoyo.
File Type pdf
Pages 25 Pages
File Size 372.41 KB
Views 7457
Downloads 0
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Description

For small companies, this is personal savings (contribution of owners to the company). For large companies equity finance is made of ordinary share capital and reserves; (both revenue and capital reserves). Equity finance is divided into the following classes:
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