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WAEC Economics 2012 Question 22

Question 22

Business Organisations

A public limited company could finance its operations through

  1. A.government taxes.
  2. B.equity shares.
  3. C.dividend payments.
  4. D.import duties.
Show the answer and explanation

Answer: B (equity shares.)

Explanation

A public company raises capital by selling (equity) shares to the public.