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3.5 finance
sources of finance
retained profit
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Created by
Myka Diaz
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Cards (2)
Retained
profit
- portion of a companys net income that is retained and reinvested
pros and cons - retained profit
p - no
interest/repayment
obligations
p - doesn’t
dilute
ownership
p - flexible doesn’t have conditions/rules
c -
limited
availability
c - relying on RP can limit
growth