Define the term shares.

      

Define the term shares.

  

Answers


Winnie
Shares refers to the interest which an owner or investor has in a company and it is measured by a sum of money for the purpose of ascertaining the extent of each shareholder's liability for the debts of the company and each shareholder's dividend or return on investment out of distributable profits

Wincate 1 answered the question on October 12, 2017 at 13:56


Next: 100 cm^3 of fresh water of density 1,000 kgm^-3 is mixed with 100 cm^3 of sea water of density 1030 kgm^-3. Calculate the density of...
Previous: Differentiate between preference shares and ordinary shares.

View More Accounting Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions