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Multiple Choice Question 92 Vaughn Co. had retained earnings of $19800 on the balance sheet but disclosed in the footnotes that $3400 of retained earnings
Multiple Choice Question 92 Vaughn Co. had retained earnings of $19800 on the balance sheet but disclosed in the footnotes that $3400 of retained earnings was restricted for building expansion and $1200 was restricted for bond repayments. Cash of $2300 had been set aside for the plant expansion. How much of retained earnings is available for dividends? O $16400 $19800 $12900 $15200 Click if vou would like to Show Work for this question: Onen Show Work
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