Question

Zero ltd.wasestablishedin2009forproductionofMen’s garments only. In
very first year of production, it excelled. It has been declaring handsome
dividend since last five consecutive years. Now company is thinking over
diversification in kids wear also. Therefore, board of directorsdecidedto
ploughbackitsprofits.Theyputtheproposalbefore shareholders in
annual general meeting. Explain ploughing back of profit as a source
of finance and Describe its Merits & Limitations.

Answer 1

Explanation:

blouse back it profit they put process before models in Annual General Meeting