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Contributed capital might be a negative dollar amount because: a. dividends paid were in excess of net income accumulated in retained earnings. b. treasury stock
Contributed capital might be a negative dollar amount because:
a.
dividends paid were in excess of net income accumulated in retained earnings.
b.
treasury stock was in excess of stock originally issued.
c.
net losses exceeded net income over the years.
d.
excess liabilities reduced contributed capital.
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