All of a company's profit is available to pay dividends or retain to support the growth of the company.

Question

Quizplus · Accepted Answer

This is false because a portion of a company's profit is usually allocated for other purposes such as reinvestment in the business, debt reduction, or reserves for future expenses. The amount available for dividends or retention may vary depending on the company's objectives and financial situation.

All of a Company's Profit Is Available to Pay Dividends