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Why are retained earnings considered equity? 4 points Because they are effectively additional investment in the company by existing owners Because they are effectively an

Why are retained earnings considered equity? 4 points

Because they are effectively additional investment in the company by existing owners

Because they are effectively an investment in the company by new owners

Because they come about when a bank agrees to exchange its loan for equity in the firm

Because they come about when new owners buy ownership stakes from existing owners

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