Day: October 17, 2020

Features Ordinary shares are variable income securities. Ordinary share dividend is not an allowable deduction for tax purposes. It is an external source of fund Providers of this capital get ownership and voting rights It is a permanent source of Read More …

Sources from which a business organization may obtain funds for its operations can be classified in four different ways as follows:   Classification according to the duration These sources are: Long term sources funds: These funds are refundable after a Read More …