If retained earnings are not a free source of finance, why are they nonetheless such a popular
Question:
If retained earnings are not a free source of finance, why are they nonetheless such a popular source of finance?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
The cost of raising retained profits is zero Unlike o...View the full answer
Answered By
Joseph Ogoma
I have been working as a tutor for the last five years. I always help students to learn and understand concepts that appears challenging to them. I am always available 24/7 and I am a flexible person with the ability to handle a wide range of subjects.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Python and most Python libraries are free to download or use, though many users use Python through a paid service. Paid services help IT organizations manage the risks associated with the use of...
-
Barnaby is a farmer who receives two-thirds of his total income from the sale of oranges. After two consecutive years of early frosts that destroyed his orange harvest, Barnaby found himself deep in...
-
What is the new growth theory? How does the new growth theory differ from the growth theory developed by Robert Solow?
-
What is BlockingQueue?
-
(d) Analyse the experiment by the methods of analysis of variance. Identify the three terms that belong to the treatment structure, and determine whether each is significant according to the F test.
-
1. What is the Influence of history and values on Unilevers strategy? 2. How can we judge Unilevers performance before 2009? 3. Why do you think Unilever decided to hire an outsider? 4. Why might...
-
Nick entered a 6 year loan on 1 March CY for the purchase of equipment that was required for income producing purposes. The borrowing costs associated with the loan were $750. Based on the above...
-
Calculate the following variances and indicate whether each variance is favorable or unfavorable: 1. Volume Variance 2. Total Variance Expected Treatments= 1,000 Standard Cost Profile Lab Treatment...
-
Polecat plc has 18 million 0.50 ordinary shares in issue. The current stock market value of these is 1.70 per share. The directors have decided to make a one-for-three rights issue at 1.25 each....
-
Most businesses, particularly larger ones, have outstanding claims (financial obligations) of a wide variety of types from a wide variety of claimants at any given moment. Why is there this diversity?
-
Refer to the information for Barnard Company above. Conversion cost per unit is Last year, Barnard Company incurred the following costs: Direct materials ............. $ 50,000 Direct labor...
-
Adidas-Consumer Goods STEP ONE: MISSION: Mission statement core message that guides and influences your marketing strategy. Why is this company in business and what is the purpose of their...
-
You have been operating and growing your golf club for the last six (6) years. You are happy with the fact that all revenue streams (and as a result your share value) have continued to increase as...
-
Given the following HTML, write a simple bit of JavaScript code that will DELETE ALL OF THE TAGS ON THE PAGE. Quiz I'm a Heading I'm a paragraph I'm special I'm also a paragraph Footer! HINT: You'll...
-
Your company has been quite successful in sending employees on international assignments. As the HR Manager responsible for selecting such employees, present a report to the management of your...
-
You will be looking at a particular market in the economy. I will assign the market to you arbitrarily. Please look for at the end of this document to identify which market you will be responsible...
-
A college is trying to determine if there is a significant difference in the mean GMAT score of students from different undergraduate backgrounds who apply to the MBA program. The Excel file GMAT...
-
Danielle has an insurance policy with a premium of $75 per month. In September she is in an accident and receives a bill worth $2990 for the repair of her own property. Her deductible is $250 and her...
-
Dirk plc has recently created a new male fragrance ?Sirocco? at a total development cost of ?0.4 million. The business is now considering producing the fragrance, which will require an immediate...
-
Newton Electronics Ltd has incurred expenditure of ?5 million over the past three years researching and developing a miniature hearing aid. The hearing aid is now fully developed. The directors are...
-
Newton Electronics Ltd has incurred expenditure of ?5 million over the past three years researching and developing a miniature hearing aid. The hearing aid is now fully developed. The directors are...
-
Machinery is purchased on May 15, 2015 for $120,000 with a $10,000 salvage value and a five year life. The half year convention is followed. What method of depreciation will give the highest amount...
-
Flint Corporation was organized on January 1, 2020. It is authorized to issue 14,000 shares of 8%, $100 par value preferred stock, and 514,000 shares of no-par common stock with a stated value of $2...
-
Question 24 Not yet answered Marked out of 1.00 P Flag question Muscat LLC's current assets and current liabilities are OMR 258,000 and OMR 192,000, respectively. In the year 2020, the company earned...
Study smarter with the SolutionInn App