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Question 25 of 33 -/1 View Policies Current Attempt in Progress If the board of directors authorizes a $103000 restriction of retained earnings for a

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Question 25 of 33 -/1 View Policies Current Attempt in Progress If the board of directors authorizes a $103000 restriction of retained earnings for a future plant expansion, the effect of this action is to decrease total assets and total stockholders' equity. decrease total retained earnings and increase total liabilities. O reduce the amount of retained earnings available for dividend declarations. increase stockholders' equity and to decrease total liabilities

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