Haverting, Inc., is a fast-growing biotech company. What is Haverting likely to do with any profits it generates?

Question

Quizplus · Accepted Answer

As a fast-growing biotech company, Haverting is likely to reinvest any profits it generates in the company to finance its growth. This will allow it to continue developing new products, expanding its operations, and increasing its market share, which will ultimately benefit both the company and its shareholders in the long run. Paying dividends, investing in other companies, or reducing corporate debt may not be as effective in achieving these goals.