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The retained earnings balance __________. a. is beneficially owned by the shareholders b. is represented by cash in a secure, interest-bearing bank account c. can
The retained earnings balance __________.
a.
is beneficially owned by the shareholders
b.
is represented by cash in a secure, interest-bearing bank account
c.
can be spent to acquire new long-term assets
d.
(a) & (b), but not (c)
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