alleryProfits kept back in the business instead of paid as dividend are:
APublic deposits
BBank overdrafts
CRetained earnings
DTrade credit
Answer & Solution
Correct answer: C. Retained earnings
1. It is also called ploughing back of profits.
2. It is a form of self-financing.
3. These are retained earnings.
_Source: syllabus Business Studies, Chapter 8, Sources of Business Finance._
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