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 7520
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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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