A Fund Providing Resources from Which Individuals and Groups Draw

question 4

Multiple Choice

A fund providing resources from which individuals and groups draw to develop new ideas, products, or businesses is referred to as a _____.

• A) personal fund
• B) development fund
• C) new-venture fund
• D) change fund
• E) mutual fund

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Definitions:

Retained Earnings

The portion of a company's profit that is held or retained and saved for future use, reinvestment, or debt repayment instead of being paid out as dividends to shareholders.

Stockholders' Equity

The ownership interest of stockholders in a corporation, represented by the residual assets after deducting liabilities.

Retained Earnings

The portion of net earnings not distributed as dividends to shareholders but instead reinvested in the core business or used to pay off debt.

Building Expansion

An increase in the physical size, capacity or significant improvement of a building facility.