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 Form 2 Business Studies: Forms of business units lessons

Sources of capital of a public corporation.

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Answer Text:
Sources of capital of a public corporation.
-The initial capital is usually provided by the government as a vote of expenditure for the ministry concerned
-Those corporations jointly owned by the government and the public raise capital through the sale of shares
-financial institutions in form of loans
-Retained profits/profits ploughed back.
-Hire purchase
-suppliers can provide goods and services on credit


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