Business, 30.11.2019 02:31 vannybelly83

Car and auto sisters had retained earnings of $18,000 on the balance sheet but disclosed in the footnotes that $3,000 of retained earnings was restricted for plant expansion and $1,000 was restricted for bond repayments. cash of $2,000 had been set aside for the plant expansion. how much of retained earnings is available for dividends? $14,000 $15,000 $18,000 $12,000

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Car and auto sisters had retained earnings of $18,000 on the balance sheet but disclosed in the foot...

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