Question

why is share capital considered to be permanent capital?

Answer 1

$\color{red}\huge\bold\star\underline\mathcal{Hey\:Mate}\star$

Here is your answer... ☺️☺️☺️
➡➡➡➡➡➡➡➡➡➡➡➡➡➡➡➡➡➡➡

Common stock (ordinary share) capitalcalled 'permanent' because (unlike the loan capital) it is meant never to be paid back. See also permanent financing.

✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔
I hope this answer is helpful to u...❤❤❤

Keep Asking... ✌️✌️✌️

✨✨✨If help u. Mark my answer as brainliest✨✨✨

$<font color="red"><marquee>❤️❤️❤️Thank You❤️❤️❤️</marquee></font>$