INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The term Capitalization is used in relation to ____
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sole-proprietorship.
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Partnership.
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joint stock companies
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co-operative societies
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Explanation:
Detailed explanation-1: -The term Capitalization is used in relation to Joint stock companies. Capitalization is the sum of a corporation’s stock, long-term debt, and retained earnings. Capitalization also refers to the number of outstanding shares multiplied by share price.
Detailed explanation-2: -It should also be noted that the term capitalization is used only for companies and not for sole proprietorships. Capitalization is capital plus long-term loans and retained earnings.
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