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Which of the following most accurately describes earnings and profits? A. An economic indicator of a corporations ability to meet obligations as they become due,

Which of the following most accurately describes earnings and profits? A. An economic indicator of a corporations ability to meet obligations as they become due, B. An economic indicator of a corporations ability to pay dividends without reducing the shareholders investment or incurring debt, C. The amount of cash and marketable securities on the corporations balance sheet, D. Retained earnings on the corporations balance sheet

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