5.3 · Limited companies: shares, dividends and retained earningsLesson 2 of 9Free preview
What a share actually is
10,000 ordinary shares at $10 each raise $100,000 without a loan. A share is ownership, not a debt.
5.3 · Limited companies: shares, dividends and retained earningsLesson 2 of 9Free preview
10,000 ordinary shares at $10 each raise $100,000 without a loan. A share is ownership, not a debt.