Vidyalelo
Commerce · Q2206

Accounting

Graduate and Post Graduate · Commerce · question 2206

Q2206

Ploughing-back of profits means:

A.
Dividend declared but not claimed by shareholders
B.
Non-declaration of dividend in any year
C.
Profits earned from illegal sources and employed in business
D.
Retaining the earnings of business for future expansion programme
Answer

Answer: Option D

Solution

Answer: Option D
No explanation is given for this question Let's Discuss on Board