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Business, 31.05.2020 01:01 emilycabrera610

Retained earnings: Multiple Choice Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception. Can only be appropriated by setting aside a cash fund. Represent an amount of cash available to pay shareholders. Are never adjusted for anything other than net income or dividends. Represents the amount shareholders are guaranteed to receive upon company liquidation.

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Retained earnings: Multiple Choice Generally consists of a company's cumulative net income less any...

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