Money received from the sale of shares of ownership in a business is called
A) sales revenue.
B) debt capital.
C) equity capital.
D) factor proceeds.
E) cash flow.

Question

Quizplus · Accepted Answer

Equity capital is money raised by selling shares of ownership in a business. The buyers of these shares become part owners of the business and share in its profits and losses.

Money Received from the Sale of Shares of Ownership in a Business