In recent years, ____ has (have) been a major source of equity financing for private industry.
A) DRIPs
B) common stock sales
C) retention of earnings
D) preferred stock sales

Question

Quizplus · Accepted Answer

Retention of earnings has been a major source of equity financing for private industry as companies often reinvest their profits back into the business rather than distributing them as dividends.

In Recent Years, ____ Has (Have) Been a Major Source