Which of the following does not represent an advantage of retained profits as a source of funds?
A) Control of the company is not affected.
B) Capital structure is unaffected.
C) The company is not committed to paying higher dividends in the future.
D) No issue costs are involved.
Correct Answer:
Verified
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Q29: For legal purposes,preference shares are:
A)debt.
B)equity.
C)hybrids of debt
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A)is made by companies with
Q31: Which of the following is not a
Q32: Which of the following statements is false?
A)A
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A)informed investors will
Q35: Which of the following statements is false?
A)Costs
Q36: Which of the following do not affect
Q37: Rights issues in Australia are underwritten:
A)because shareholders
Q38: In practice,there may be an increase in
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