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WAEC Commerce 1994 Question 86

Question 86

Business Finance

The amount of capital supplied by the owners of a company is known as

  1. A.loan capital
  2. B.working capital
  3. C.capital employed
  4. D.share capital
  5. E.fixed capital
Show the answer and explanation

Answer: D (share capital)

Explanation

Owners of a company (shareholders) supply share capital.