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
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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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
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
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