Merits Homework Help


The advantages of equity capital to a company are first, it is a permanent source of fund out any repayment liability; second, it does not involve obligatory dividend payment and, it forms the basis of further long-term financing in the form of borrowing related to the creditworthiness of the firm. The shareholders with limited liability exercise control and share er ownership rights In the income/assets of the firm.

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Posted by: andy


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