One of the functions of finance is the redistribution function Statement 1. Finance redistributes only current year GDP and companies net income, retaineed earnings and free cash flow State,ent 2. The redistribution limite financial sources to be used in accordance with the priorities of social and economic development Are these statements correct? Explain why

One of the functions of finance is the redistribution function Statement 1. Finance redistributes only current year GDP and companies net income, retaineed earnings and free cash flow State,ent 2. The redistribution limite financial sources to be used in accordance with the priorities of social and economic development Are these statements correct? Explain why

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter5: Evaluating Operating And Financial Performance

Section: Chapter Questions

Problem 13DQ

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