Retained profit of a limited company belongs to the:
A
directors
B
debenture holders
C
shareholder
D
company
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Answer:
d company
Explanation:
Retained Earnings (RE) are the accumulated portion of a business’s profits that are not distributed as dividends to shareholders but instead are reserved for reinvestment back into the business. Normally, these funds are used for working capital and fixed asset purchases (capital expenditures) or allotted for paying off debt obligations.
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