Retained earnings are called self-financing. Options: A . &nbsp True B . &nbsp False C . &nbsp Trade credit, Factoring, Banks D . &nbsp Commercial papers, Debentures, Equity shares

Retained earnings are called self-financing.

Question

Retained earnings are called self-financing.

Options:

A . True

B . False

C . Trade credit, Factoring, Banks

D . Commercial papers, Debentures, Equity shares

Answer: Option A
:
A

True: Retained earnings are called self-financing, because the firm itself generates the funds.

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