joshB4355 joshB4355

03-06-2023
Business

contestada

Which of the following statements about retained earnings is true?
Question 7 options:
Retained earnings represents the future dividend liability of the company.
Retained earnings is an asset.
Retained earnings represents the cumulative profit that has been earned by the company, less any dividends declared since the first day of operations.
Retained earnings represents the present value of all future cash flows to the company.

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