EBK FUNDAMENTALS OF CORPORATE FINANCE
EBK FUNDAMENTALS OF CORPORATE FINANCE
4th Edition
ISBN: 8220103631754
Author: Harford
Publisher: PEARSON
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Chapter 17, Problem 5CT
Summary Introduction

Retained cash: The cash which is not distributed to the shareholders is called as retained cash. The company uses this cash to reinvest in profitable projects.

To determine:

The advantages and disadvantages of retaining cash.

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