The excess of the assets over the liabilities of a business is called?
working capital
net worth
capital employed
initial capital
Correct answer is C
No explanation has been provided for this answer.
From which of the following sources can partnerships increase their capital?
Admission of a new partner
Sale of shares
Discharge of a mortage
initial capital
Correct answer is A
No explanation has been provided for this answer.
Initial public offering is undertaken through the?
secondary securities market
first-tier securities market
primary securities
second-tier securities market
Correct answer is B
No explanation has been provided for this answer.
The market where only indigenous firms are considered is the?
money market
second-tier securities market
local market
stock exchange
Correct answer is B
No explanation has been provided for this answer.
The bank that discount bills of exchange is the?
central bank
mortage bank
development bank
comercial bank
Correct answer is D
No explanation has been provided for this answer.