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QUESTION 44 Why are retained earnings considered equity? 4 points Because they are effectively additional investment in the company by existing owners Because they are

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QUESTION 44 Why are retained earnings considered equity? 4 points Because they are effectively additional investment in the company by existing owners Because they are effectively an investment in the company by new owners Because they come about when a bank agrees to exchange its loan for equity in the firm Because they come about when new owners buy ownership stakes from existing owners QUESTION 45 Which of the following is true of Accounts Payable? They are an asset for the company They occur when a company sells fewer units than it produces They reduce a company's not change in cash They are a form of passive debt QUESTION 46 affect EBITD All also the same, a decrease in the corporate profits tax rate would positively Chek Sme and Swbmit to see and submit. Click Save All Answers to save all ansur

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