_________ Retained earnings, as a form of equity fi nancing, are a. gross earnings. b. profi ts

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_________ Retained earnings, as a form of equity fi nancing, are

a. gross earnings.

b. profi ts before taxes.

c. profi ts after taxes.

d. undistributed profi ts.

e. total owners’ equity.

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Foundations Of Business

ISBN: 9781111580155

3rd Edition

Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor

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