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Business, 16.04.2020 04:13 lel11

Which of the following best describes retained earnings?

a. Cash available for dividends.
b. The amount initially invested in the business by stockholders.
c. Income that has been reinvested in the business rather than distributed as dividends to stockholders.
d. Cash available for expansion and growth.

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Which of the following best describes retained earnings?

a. Cash available for dividends...
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