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Retained earnings on the Balance Sheet represents: a. net profits after taxes b. cash c. net profits after tax minus prefered dividends, depreciation, and amortization
Retained earnings on the Balance Sheet represents:
a. net profits after taxes |
b. cash |
c. net profits after tax minus prefered dividends, depreciation, and amortization |
d. the cummulative total of earnings reinvested in the firm |
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