Question: What is the difference between appropriated retained earnings and free retained earnings? Appropriated retained earnings can only be used for purchasing major assets, whereas free

What is the difference between appropriated retained earnings and free retained earnings?
Appropriated retained earnings can only be used for purchasing major assets, whereas free retained earnings can only be
used for dividends.
Appropriated retained earnings can only be used for specific purposes, whereas free retained earnings can be used as
needed by the company.
Appropriated retained earnings can only be used at an executive's discretion, whereas free retained earnings can be used
by anyone in the company.
Appropriated retained earnings can only be used for dividends, whereas free retained earnings are used to reinvest back
into the company.
What is the difference between appropriated retained earnings and free retained

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