Question: QUESTION 9 1points Save Answer Its retained earnings is the actual cash that the firm has generated through operations less the cash that has been

 QUESTION 9 1points Save Answer Its retained earnings is the actual

QUESTION 9 1points Save Answer Its retained earnings is the actual cash that the firm has generated through operations less the cash that has been paid out to stockholders as dividends. Retained earnings are kept in cash or near cash accounts and, thus, these cash accounts, when added together, will always be equal to the firm's total retained carnings. True False QUESTION 10 1 points Save Answer On the balance sheet, total assets must always equal total liabilities and equity. True False

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