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On September 1, Year 1, Orville Corporation has unrestricted Retained Earnings of $8,500,000, Appropriated Retained Earnings of 5,500,000, Cash of $10,000,000, and Accounts Payable of
On September 1, Year 1, Orville Corporation has unrestricted Retained Earnings of $8,500,000, Appropriated Retained Earnings of 5,500,000, Cash of $10,000,000, and Accounts Payable of $2.000,000. What is the maximum amount that can be used for cash dividend
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