Author Question: List and define the two categories of after-tax corporate profits. What will be an ideal ... (Read 68 times)

berenicecastro

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List and define the two categories of after-tax corporate profits.
 
  What will be an ideal response?

Question 2

As predicted by the economic growth model, countries that start with lower levels of GDP per capita always grow faster than countries that start with higher levels of GDP per capita.
 
  Indicate whether the statement is true or false



jxjsniuniu

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Answer to Question 1

(1.) Dividends are the after-tax profits distributed to shareholders.
(2.) Retained earnings are the after-tax profits retained by the corporation.

Answer to Question 2

FALSE



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