what is reserves ?And why is it for?
Answers
Answered by
5
Answer:
⏩Reserves are sometimes set up to purchase fixed assets, pay an expected legal settlement, pay bonuses, pay off debt, pay for repairs and maintenance, and so forth. This is done to keep funds from being used for other purposes, such as paying dividends or buying back shares.⏪
Answered by
6
Answer:
Hey dude!!!
Reserves are sometimes set up to purchase fixed assets, pay an expected legal settlement, pay bonuses, pay off debt, pay for repairs and maintenance, and so forth. This is done to keep funds from being used for other purposes, such as paying dividends or buying back shares.
Hope it helps you!!!
Keep følløwing ✌✌
Similar questions