English

The capital of a company is divided into a number of equal parts known as ______. - Commerce

Advertisements
Advertisements

Question

The capital of a company is divided into a number of equal parts known as ______.

Fill in the Blanks
Advertisements

Solution

The capital of a company is divided into a number of equal parts known as shares.

Explanation:

A company's total capital is divided into equal units, which are called shares. Each share represents a fractional ownership in the company and entitles the shareholder to certain rights, such as receiving dividends and voting at company meetings. For example, if a company's capital is ₹ 10 lakh divided into 1 lakh shares, each share has a face value of ₹ 10.

shaalaa.com
  Is there an error in this question or solution?
Chapter 3: Sources of Financial for a Join stock Company - QUESTIONS [Page 93]

APPEARS IN

C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 3 Sources of Financial for a Join stock Company
QUESTIONS | Q 32. | Page 93
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×