If retained earnings are not a free source of finance, why are they nonetheless such a popular
Question:
If retained earnings are not a free source of finance, why are they nonetheless such a popular source of finance?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
The cost of raising retained profits is zero Unlike o...View the full answer
Answered By
Joseph Ogoma
I have been working as a tutor for the last five years. I always help students to learn and understand concepts that appears challenging to them. I am always available 24/7 and I am a flexible person with the ability to handle a wide range of subjects.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Python and most Python libraries are free to download or use, though many users use Python through a paid service. Paid services help IT organizations manage the risks associated with the use of...
-
Barnaby is a farmer who receives two-thirds of his total income from the sale of oranges. After two consecutive years of early frosts that destroyed his orange harvest, Barnaby found himself deep in...
-
What is the new growth theory? How does the new growth theory differ from the growth theory developed by Robert Solow?
-
Three charged particles are arranged along a line as in Figure P22.77. If particle 2 experiences zero electric force, what is the charge on particle 3 ? Data from Figure P22.77 -4.0 nC +2.0 nC 10 mm...
-
Solar irradiation in parts of California exceeds \(9 \mathrm{kWh} / \mathrm{m}^{2} /\) day ( 32 million MJ \(/ \mathrm{km}^{2} /\) day). What are theoretical maximum C3 and C4 biomass energy yields...
-
You, CA, are employed at Beaulieu & Beauregard, Chartered Accountants. On November 20, 20X5, Domenic Jones, a partner in your firm, sent you the following email: Our firm has been reappointed...
-
The owner (Jasmine Ganpat) had the bank transfer (by bank memo) $10,000.00 from a personal savings account to the business bank account to start the business. How to record this transaction on Sage50...
-
Mr. M has been employed as an engineer by A Ltd., a company incorporated in Hong Kong. During the year ended 31 March 2019, Mr. M had the following income and expenditure. A monthly salary of...
-
Polecat plc has 18 million 0.50 ordinary shares in issue. The current stock market value of these is 1.70 per share. The directors have decided to make a one-for-three rights issue at 1.25 each....
-
Most businesses, particularly larger ones, have outstanding claims (financial obligations) of a wide variety of types from a wide variety of claimants at any given moment. Why is there this diversity?
-
Beth Nelson started her practice as a design consultant on November 1, 2015. During the first month of operations, the business completed the following transactions: Nov. 1 Received $ 34,000 cash and...
-
Ms. Suzy Wetlaufer, then-editor of the Harvard Business Review, interviewed former GE CEO and business legend, Jack Welch, for a piece in the business magazine. She asked in December 2001 that the...
-
Energy, extra energy for work, for workouts, and we seem to have an insatiable appetite for something that will give us a competitive edge in whatever we are doing. Energy drinks, powders, mixes, and...
-
Ross Ulbricht, the mastermind behind the creation of the Silk Road website, was convicted of drug conspiracy and other charges for running the website that facilitated drug transactions through the...
-
Decades ago, the American Association of Poison Control Centers had concluded that laundry detergent was really not a safety issue for young children. The kids were not interested in the powder, and...
-
Trinity Industries is the manufacturer of a product you see every day-the guardrails in the middle of highways, freeways, toll ways, and byways around the country. However, Trinity will be paying...
-
Aurora Corp. acquired Payette Company on December 31, 2011. The following information concerning Payettes assets and liabilities was assembled on the acquisition date: Instructions: 1. Make the...
-
The percentage of completion and completed contract methods are described in the FASB ASC. Search the codification to find the paragraphs covering these topics, cite them, and copy the results.
-
Dirk plc has recently created a new male fragrance ?Sirocco? at a total development cost of ?0.4 million. The business is now considering producing the fragrance, which will require an immediate...
-
Newton Electronics Ltd has incurred expenditure of ?5 million over the past three years researching and developing a miniature hearing aid. The hearing aid is now fully developed. The directors are...
-
Newton Electronics Ltd has incurred expenditure of ?5 million over the past three years researching and developing a miniature hearing aid. The hearing aid is now fully developed. The directors are...
-
WALTERBORO Alex Murdaugh seemed to be in a hurry in the hour after his wife and son were brutally shot to death . The soon-to-be-disgraced Hampton trial attorney sped down a pothole-riddled country...
-
Answer both (a) and (b) Ireland's food, drink and horticulture exports reached 13 billion for the first time in 2019, up 7% from 12.1 billion in 2018 (RTE, 2020). In particular, alcohol was a strong...
-
A consumer electronics company was formed to develop cell phones that run on or are recharged by fuel cells. The company purchased a warehouse and converted it into a manufacturing plant for...
Study smarter with the SolutionInn App