Question
General Knowledge Question on Business Finance
The part of profit or other surpluses of a company distributed proportionately among shareholders is called
A
Preference Share
B
Equily Share
C
Face Value
D
None of these
Answer
Equily Share
Explanation
Solution
The part of profit or other surpluses of a company distributed proportionately among shareholders is called Equily Share
It is crucial for companies to raise capital for their growth and expansion using these shares.
The correct option is (B)