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Business, 25.12.2019 01:31 Dweath50

Retained earnings:

1.generally consists of a company's cumulative net income less any net losses and dividends declared since its inception.
2.represent an amount of cash available to pay shareholders.
3.are never adjusted for anything other than net income or dividends.
4.represents the amount shareholders are guaranteed to receive upon company liquidation.
5.can only be appropriated by setting aside a cash fund.

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Retained earnings:

1.generally consists of a company's cumulative net income less any n...

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