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Which of the following statements is most correct? a. Equity generated by retained earnings is costless. b. For-profit firms should always retain the full amount

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Which of the following statements is most correct? a. Equity generated by retained earnings is costless. b. For-profit firms should always retain the full amount of net income and reinvest it in the business. c. For-profit firms should always pay out the full amount of net income as dividends. d. For-profit firms should distribute net income through dividends if they cannot carn as much as stockholders could in similar-risk investments. c. None of these statements are correct. No new data to save. Last checked at 10:58pm

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