A unit of a company capital is?

Assessment: WAEC SSCE - Financial Accounting - 2022 (Objective) Subject: Financial Accounting

Question 1 Report

A unit of a company capital is?
Answer Details
A unit of a company's capital is a share. A share represents a unit of ownership in a company. When a company wants to raise capital to fund its operations or expansion, it can sell shares of its stock to investors. Each share entitles the owner to a portion of the company's profits, as well as the right to vote on important company decisions. The value of a share can fluctuate based on a variety of factors, including the company's financial performance, market conditions, and investor sentiment. Investors can buy and sell shares on stock exchanges, where the price of a share is determined by the forces of supply and demand. In summary, a share represents a unit of ownership in a company and is one way that companies can raise capital to fund their operations.

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning