Multiple Choice
Alpha Inc. saw an increase in profits in the previous year following which the management decided to reinvest its earnings. These retained earnings will be used to:
A) meet the company's long-term financial needs.
B) meet the company's short-term financial needs.
C) pay the owners a dividend.
D) increase the liquid assets of the company.
Correct Answer:
Verified
Correct Answer:
Verified
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