Using retained earnings for expansion is considered internal source of funding.
Question
Solution 1
Yes, using retained earnings for expansion is indeed considered an internal source of funding. Here's a step-by-step explanation:
Retained earnings are the portion of a company's net income which is kept by the company instead of being paid out as dividends to shareholders.
This money is ty Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
Similar Questions
Using retained earnings for expansion is considered internal source of funding.
Which of the following is considered an external source of funds for a company?a.Depreciationb.Sale of common stockc.Loan repaymentd.Retained earnings
Appropriated retained earnings are generally available for dividends distributionGroup of answer choicesTrueFalse
Which account below is not an account of equity? A. Cash. B. Dividends. C. Reserves. D. Retained Earnings.
For a corporation:¤Assets = Liabilities + Stockholders’ equity.¤Assets = Liabilities + Paid-in-capital + Retained earnings.