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borteleto borteleto
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Posts: 2477
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6 years ago
The cost of retained earnings is less than the cost of new common stock because
A) marginal tax brackets increase.
B) flotation costs are incurred when new stock is issued.
C) dividends are not tax deductible.
D) accounting rules allow a deduction when using retained earnings.
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guzmanguzman
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Posts: 1068
6 years ago
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borteleto Author
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6 years ago
Smart ... Thanks!
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Yesterday
Helped a lot
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2 hours ago
Thanks
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