Solved

Retained Earnings Represent an Internal Source of Funds That Is

Question 11

True/False

Retained earnings represent an internal source of funds that is raised without the payment of interest or cost to the firm's stockholders.
"Opportunity cost" must be considered since earnings could be issued to shareholders in the form of dividends.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents