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    Exam 8: Finance: Acquiring and Using Funds to Maximize Value
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    Another Way Firms Can Meet Long-Term Needs Is by Reinvesting
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Another Way Firms Can Meet Long-Term Needs Is by Reinvesting

Question 134

Question 134

True/False

Another way firms can meet long-term needs is by reinvesting their earnings. The profits that a firm reinvests are called retained earnings.

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