Alphabet, the parent company of Google, has never issued dividends. If it doesn't issue dividends, what happens
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Question:
Alphabet, the parent company of Google, has never issued dividends. If it doesn't issue dividends, what happens to its profits?
They are given to preferred shareholders.
They become retained earnings.
They are given to managers.
They are used to pay off debt.
They are given to the board of directors.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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