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Retained earnings represents: A. cash that is available for dividends. B. the total net income of the firm since its beginning. C. cumulative net income
Retained earnings represents:
A. |
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B. |
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C. | cumulative net income of the firm since its beginning that has not been distributed to its stockholders in the form of dividends. | ||
D. | net income plus gains (or minus losses) on treasury stock transactions |
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