Question

write 3 features of retained earnings​

Answer 1

Answer:

The important features of retained earnings as a source of internal financing have been summarized below:

•Cost of Financing: ADVERTISEMENTS: ...

•Floatation Cost: Unlike other sources of financing, the use of retained earnings helps avoid issue- related costs.

•Control: ADVERTISEMENTS: ...

•Legal Formalities:

Answer 2

Answer:

Hey mate here's your answers

Explanation:

1. Cost of Financing:

It is the general belief that retained earnings have no cost to the company.

2. Floatation Cost:

Unlike other sources of financing, the use of retained earnings helps avoid issue- related costs.

3. Control:

Hope it's helpful for you