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TB MC Qu. 11-83 On September 1, Year 1, Orville Corporation has... On September 1, Year 1, Orville Corporation has unrestricted retained earnings of $600,000,
TB MC Qu. 11-83 On September 1, Year 1, Orville Corporation has... On September 1, Year 1, Orville Corporation has unrestricted retained earnings of $600,000, appropriated retained earnings of $400,000, cash of $850,000, and accounts payable of $50,000. What is the maximum amount that can be used for cash dividends? Multiple Choice $850,000 o oo $600,000 $800.000 Multiple Choice $850,000 S600,000 S800.000 S450.000
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