Which of the following are characteristics of share capital? Please select all that apply.
A) A source of very long term finance.
B) Available to all types of business organisation, both incorporated and unincorporated.
C) May be in the form of ordinary shares or preference shares.
D) Shareholders receive dividends in proportion to the size of their shareholding in a company.
Correct Answer:
Verified
Q5: Which one of the following is not
Q6: Which types of finance are available to
Q7: Which one of the following statements does
Q8: Debentures, bonds and loan notes are long-term
Q9: Which of the following are characteristics of
Q11: Payment of interest on borrowings is compulsory
Q12: Dividends are the cost of borrowing money
Q13: Dividends are a share of the profit
Q14: Dividends are an expense for limited liability
Q15: Ordinary shareholders take on the highest risks
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