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Author Question: Alpha Inc saw an increase in profits in the previous year following which the management decided to ... (Read 56 times)

V@ndy87

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on: Jul 14, 2018
Alpha Inc saw an increase in profits in the previous year following which the management decided to reinvest 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.

Question 2

The Reader's Digest Association began as an open corporation and later changed to a closed corporation.
 
 Indicate whether the statement is true or false


irishcancer18

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Reply #1 on: Jul 14, 2018
Answer to Question 1

A

Answer to Question 2

False


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