Retained Earnings is important because a). It is a major component of stockholders equity. b). There is
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Retained Earnings is important because
a). It is a major component of stockholders’ equity.
b). There is sufficient cash to pay dividends.
c). It is the total amount of corporate earnings that have not been returned to stockholders as dividends.
d). Its existence is the difference between total assets and liabilities so an entity knows its records are in balance.
Expert Answer:
it is a major component of stockholders equity Explanation Retained earnings are the excess of the ... View the full answer
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