Question: Regarding your answer to 4 . above, select the appropriate answer. By law, shareholders are entitled to receive the amount in Retained Earnings of $

Regarding your answer to 4. above, select the appropriate answer.
By law, shareholders are entitled to receive the amount in Retained Earnings of $88,763.Total equity is a residual balance; shareholders will receive what remains in cash and assets after the creditors have been satisfied.Shareholders are entitled to receive the total equity because that amount represents the residual interest to shareholders.Walmart shareholders are guaranteed to receive $80,925 and those with a noncontrolling interest are entitled to receive $6,606.

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