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Semmy [17]
3 years ago
14

Represent a favorable source of meeting long-term financing needs because there are no interest payments, dividends, or underwri

ting fees required when using this source. secured bonds debentures warrants retained earnings
Social Studies
1 answer:
Margaret [11]3 years ago
8 0
<span>Retained earning is one such source for long-term financing needs of the company. It is accumulated over a long period and is favourable source in such case.</span>
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