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Author Question: A firm that retains earnings does the equivalent of (Read 97 times)

tingc95

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Question 1

A fund that takes household savings and puts them into ________ projects in exchange for a share of the profits if the new business succeeds is a venture capital fund.


◦ government
◦ zero-risk
◦ low-risk
◦ high-risk

Question 2

A firm that retains earnings does the equivalent of


◦ lending money to the firm's shareholders.
◦ borrowing money from the firm's shareholders.
◦ decreasing the net worth of the firm's shareholders.
◦ decreasing its own net worth.


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Marked as best answer by tingc95 on Apr 19, 2019

FergA

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tingc95

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Excellent



FergA

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Great! Please up vote :D



 

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