Business, 25.04.2020 01:49 rebecca7415

After earning $30 million in net income, Rolatrim Industries distributed $5 million in dividends to their stockholders. The board of directors of the firm decided to invest the remaining $25 million back into the business. This $25 million reinvestment of profits represents: mutual funds. retained earnings. a trust fund. preferred capital.

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After earning $30 million in net income, Rolatrim Industries distributed $5 million in dividends to...

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