Business A-Level
retained profit
What retained profit means in Business A-Level, as defined for AQA.
Definition of retained profit
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Read the wording for your board, then hide it and explain retained profit in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
The main internal source of finance, which avoids interest costs and loss of control but is limited by past profitability.
Topics that use retained profit
- Making financial decisions: sources of finance (AQA A-Level)
Related terms
Using retained profit in the exam
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