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Retained earnings: Multiple Choice Represent an amount of cash available to pay shareholders. Generally consists of a company's cumulative net income less any net losses

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Retained earnings: Multiple Choice Represent an amount of cash available to pay shareholders. Generally consists of a company's cumulative net income less any net losses and dividends declar inception. Represents the amount shareholders are guaranteed to receive upon cthpany Are never adjusted for anything other than net income or dividends Can only be appropriated by setting aside a cash fund. O F3 FS F8 3

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