Which of the items above constitute internal sources of financing for companies?

by Sunday | Dec 19 | Commerce JAMB | 0 comments

(i) Personal Savings
(ii)Retained Earnings
(iii)Accrued taxes

A. i and ii
B. i and iii
C. ii and iii
D. i, ii and iii

Correct Answer:

Option C – ii and iii

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