The cheapest source of funds available to a company is th...
The cheapest source of funds available to a company is through?
the sale of shares
retained profits
the sale of bonds
lease financing
Correct answer is B
Retained earnings are a portion of a company's profit that is held or retained from being distributed or paid out to investors, but rather re-invested into the business. This is one of the cheapest sources of funds for a business because it doesn't come at an extra cost. That is, the business will not be required to pay interest on the funds.
A personal computer on sale in an office equipment shop is an example of ...
Which of the following facilitates settlement for sub-regional indebtedness? ...
A retail outlet with many branches all dealing in similar line of goods is described as a ...
10% IS CHARGED ON DEPRECIATION OF FIXED ASSETS Determine the value of Ojo's fixed assets ...
Span of control is defined as the ...
In the contract of sale of goods,"let the buyer beware" is signified by? ...