What do you mean by Retained Profit?
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HEY MATE✌✌
⸽R⸽e⸽t⸽a⸽i⸽n⸽e⸽d ⸽P⸽r⸽o⸽f⸽i⸽t⸽
IT refers to that portion of net profit which is not distributed among shareholders as dividend but retained in the business for use in future .It is quite expensive to obtain this finance from external sources .Under the circumstances it is most appropriate to invest a part of the profit in the business .It is also called self financing .
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⸽R⸽e⸽t⸽a⸽i⸽n⸽e⸽d ⸽P⸽r⸽o⸽f⸽i⸽t⸽
IT refers to that portion of net profit which is not distributed among shareholders as dividend but retained in the business for use in future .It is quite expensive to obtain this finance from external sources .Under the circumstances it is most appropriate to invest a part of the profit in the business .It is also called self financing .
_________________________✌
harshitagarwal624:
hi
whatzupp..ur clss?
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IT refers to that portion of net profit which is not distributed among shareholders as dividend but retained in the business for use in future .
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