Retained earnings represents:
multiple choice :
a. cumulative net income of the firm...
Business, 09.10.2019 04:30 janiewalker17
Retained earnings represents:
multiple choice :
a. cumulative net income of the firm since its beginning that has not been distributed to its stockholders in the form of dividends.
b. the total net income of the firm since its beginning.
c. net income plus gains (or minus losses) on treasury stock transactions.
d. cash that is available for dividends.
Answers: 3
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