The Retained Earnings account for a profitable, growing company that has been in business for several decades are valuable to predicting future dividend declarations? Multiple Choice O Yes because Retained Earnings is money available to be distributed to shareholders. No because Retained Earnings is not money available to be distributed to shareholders. Dividends declaration depends on cash available only. None of the other alternatives are correct Retained Earnings and Dividends declarations are totally unrelated.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The Retained Earnings account for a profitable, growing company that has been in business for
several decades are valuable to predicting future dividend declarations?
Multiple Choice
Yes because Retained Earnings is money available to be distributed to
shareholders.
No because Retained Earnings is not money available to be distributed to
shareholders.
Dividends declaration depends on cash available only.
None of the other alternatives are correct
Retained Earnings and Dividends declarations are totally unrelated.
Transcribed Image Text:The Retained Earnings account for a profitable, growing company that has been in business for several decades are valuable to predicting future dividend declarations? Multiple Choice Yes because Retained Earnings is money available to be distributed to shareholders. No because Retained Earnings is not money available to be distributed to shareholders. Dividends declaration depends on cash available only. None of the other alternatives are correct Retained Earnings and Dividends declarations are totally unrelated.
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