WAEC Commerce 1996 Question 81

Question 81

Business Finance

Which of the following is not a way of raising capital for business?

  1. A.Issuing of bonds
  2. B.Borrowing
  3. C.Savings
  4. D.Ploughing back profit
  5. E.Issuing dividend warrants
Show the answer and explanation

Answer: E (Issuing dividend warrants)

Explanation

Dividend warrants pay out profit to shareholders; they do not raise money.