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the business firm's balance in retained earnings of a corporation represents the firm's investment in liquid assets and is available to be distributed to shareholders

  1. the business firm's balance in retained earnings of a corporation represents the firm's investment in liquid assets and is available to be distributed to shareholders as a divided if declared by the corporation's Board of Trustees.

    True

    False

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Introduction to Managerial Accounting

Introduction to Managerial Accounting

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