Home › Bihar Board Class 12 (Commerce) › Business Studies › Sources of Business Finance › Which is a merit of retained earnings?
Which is a merit of retained earnings?
ANo explicit cost to firm
BA credit rating helps
CSupply is always certain
DLenders get votes
Answer & Solution
Correct answer: A. No explicit cost to firm
Retained profit needs no interest, dividend or floatation cost, which makes it cheap.
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