Equity Your boss comes to you and says why dont we just use all our retained earnings
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Equity Your boss comes to you and says “why don’t we just use all our retained earnings for the project. That’s the company’s money, not the shareholders.”
What is the fallacy of this statement, and how does your boss indicate his misunderstanding of the way a publicly traded firm operates.
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Related Book For
Applied Corporate Finance Questions Problems And Making Decisions In The Real World
ISBN: 9781493952991
1st Edition
Authors: Mark K. Pyles
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