Question

1. a) As a source of finance, retained profit is better than other sources.
Do you agree with this view? Give two reasons for your answer.
b) Can a company grow indefinitely by reinvesting surplus profits?
Give two reasons for your answer.​

Answer 1

Explanation:

a) As a source of finance, retained profit is better than other sources.

Do you agree with this view? Give two reasons for your answer.

b) Can a company grow indefinitely by reinvesting surplus profits?

Give two reasons for your answer.