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If retained earnings are a useful way to come up with long term financing why is it not used more often? Is my answer correct?
If retained earnings are a useful way to come up with long term financing why is it not used more often? Is my answer correct?
Question 6 (2.5 points) Saved If retained earnings is a useful way to come up with long-term financing why is it not used more often? A) retained income is not enough to cover large purchases like planes B) selling stock is easier and more cost effective C) selling stock is better for the current shareholders D) none of the above Question 7 (2.5 points) SavedStep by Step Solution
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