Equity Flashcards
(2 cards)
1
Q
What is equity
A
Money invested by share holders in a business is called equity.
2
Q
Equity as risk capital
A
Because in case of liquidation we have to first pay back the share holders.
What is equity
Money invested by share holders in a business is called equity.
Equity as risk capital
Because in case of liquidation we have to first pay back the share holders.