After earning $50 million in net income, Marshall Manufacturing distributed $15 million in dividends to their stockholders. Marshall's board of directors decided to invest the remaining $35 million back into the business. This $35 million reinvestment of profits represents
A) a trust fund.
B) retained earnings.
C) preferred capital.
D) mutual funds.
Correct Answer:
Verified
Q275: The interest paid on _ represents a
Q276: Venture capital firms look to invest their
Q277: _ provide financing to new or emerging
Q278: To maximize the benefits of using financial
Q279: Successful use of financial leverage requires a
Q281: After enjoying increased sales of and profits
Q282: To raise the funds for the major
Q283: Charlie Chicken Restaurants announced it plans to
Q284: Seedling Plant Science invented a drought resistant
Q285: Explain the role the operating budget, the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents