Question: Retained earnings: Multiple Choice Are never adjusted for anything other than het income or dividends. Represents the amount shareholders are guaranteed to receive upon company
Retained earnings:
Multiple Choice
Are never adjusted for anything other than het income or dividends.
Represents the amount shareholders are guaranteed to receive upon company liquidation.
Can only be appropriated by setting aside a cash fund.
Represent an amount of cash available to pay shareholders.
Is the cumulative net income and loss not distributed as dividends to its stockholders.
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