Question: Question 25 --/1 View Policies Current Attempt in Progress If the board of directors authorizes a $85000 restriction of retained earnings for a future plant

Question 25 --/1 View Policies Current Attempt in Progress If the

Question 25 --/1 View Policies Current Attempt in Progress If the board of directors authorizes a $85000 restriction of retained earnings for a future plant expansion, the effect of this action is to decrease total retained earnings and increase total liabilities. O increase stockholders' equity and to decrease total liabilities. O decrease total assets and total stockholders' equity. O reduce the amount of retained earnings available for dividend declarations

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