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Question 2 2 pts Retained earnings represents: Net income that has been reinvested in the company. Cash that is available for dividends. The total net
Question 2 2 pts Retained earnings represents: Net income that has been reinvested in the company. Cash that is available for dividends. The total net income of the firm since its beginning. Net income plus gains (or minus losses) on treasury stock transactions. Question 3 2 pts The annual per share dividend requirement of a 6%, $80 par value preferred stock that was issued for $85 is: $4.80 $5.10 $6.00 $8.00
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