Ploughing back of profit means
A)declaration of dividend
B)retainning profits
C)re-investing profits
D)building reserves

Name: Ploughing back of profit means A)declaration of dividend B)retainning profits C)re-investing profits D)building reserves
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Question

Quizplus · Accepted Answer

Ploughing back of profit refers to retaining profits within the company rather than distributing them as dividends, allowing the company to reinvest in its operations or build reserves.

Ploughing Back of Profit Means