Question: Saved Retained earnings: Multiple Choice Can only be appropriated by setting aside a cash fund. Represents the amount shareholders are guaranteed to receive upon company
Saved Retained earnings: Multiple Choice Can only be appropriated by setting aside a cash fund. Represents the amount shareholders are guaranteed to receive upon company liquidation Are never adjusted for anything other than net income or dividends. Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception Represent an amount of cash available to pay shareholders
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