Restrictions on Retained Earnings Can Be

question 37

Multiple Choice

Restrictions on retained earnings can be

• A)Limits that identify how much of the retained earnings balance is not available for dividends or the repurchase of shares
• B)Statutory limits set by government
• C)Due to loan agreements
• D)Set by a corporation's directors in order to limit dividends and maintain cash
• E)All of these answers

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