Electronics Galore has a year-end net income of $2.5 million and plans to re-invest $1.9 million back into the company. The remainder of the income will be distributed to

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07-02-2022
Business

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Electronics Galore has a year-end net income of $2.5 million and plans to re-invest $1.9 million back into the company. The remainder of the income will be distributed to

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Ayokenny2001idn Ayokenny2001idn · Answer 1 · 2022-02-18T04:53:55-05:00

The remainder of the income for Electronics Galore , will be distributed to stockholders.

Who is a stockholder?

A stockholder refers to a person, company or other entity that owns any amount of a stock in a company. They are are part-owners of a business.

It is to be note that anyone who owns shares in a company is called a shareholder or a stockholder of the company. Shareholders are the owners of a company. If the company does well, the shareholders benefit through appreciation in the value of their shares.

Therefore, the remainder of the income for Electronics Galore , will be distributed to stockholders.

Learn more about stockholders here: https://brainly.com/question/25845157

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Who is a stockholder?

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