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Business, 29.01.2021 01:50 nikki225

Car and Auto Sisters had retained earnings of $17700 on the balance sheet but disclosed in the footnotes that $2700 of retained earnings was restricted for plant expansion and $1100 was restricted for bond repayments. Cash of $2400 had been set aside for the plant expansion. How much of retained earnings is available for dividends

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Car and Auto Sisters had retained earnings of $17700 on the balance sheet but disclosed in the footn...
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