The Management of the Uptown Bikes Recently Voted to Limit

question 77

Multiple Choice

The management of the Uptown Bikes recently voted to limit any future borrowing or sales of company stock.By taking this action,management has effectively done which one of the following?

• A)increased the profit margin
• B)lowered income taxes
• C)maximized future dividends
• D)maximized future retained earnings
• E)limited future growth

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