Use the Table for the Question(s)below

question 17

Multiple Choice

Use the table for the question(s) below.
-Consider the above statement of cash flows. If all amounts shown above are in millions of dollars, what was AOS Industries' retained earnings figure for 2018?

• A)$2.1 million
• B)$1.7 million
• C)$1.3 million
• D)$5.4 million

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Definitions:

Growth

The process of increasing in physical size, capacity, production, or the comprehensive development of entities.

Primary Business

The central, key, or main area of business focus or activity for a company.

Liquidation

What occurs when a business closes and sells its assets to pay creditors.

Closing Operations

The process of shutting down business activities and ceasing operations, often involving selling assets, paying off debts, and distributing remaining funds to owners or shareholders.