Why must a cost be assigned to retained earnings?

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Fundamentals Of Financial Management

ISBN: 9780357517574

16th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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Question Posted: Feb 26, 2024 10:01 AM

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Why must a cost be assigned to retained earnings?

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Retained earnings represent the portion of a companys profit that is not paid out to shareholders as dividends but instead reinvested back into the bu...View the full answer

Fundamentals Of Financial Management

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