Retained Earnings is ______.
a. equal to cash
b. decreased by purchases of land
c. increased by net income
d. all of the company's earnings kept rather than distributed to shareholders
e. decreased by dividends
Answer:
c. increased by net income
d. all of the company's earnings kept rather than distributed to shareholders
e. decreased by dividends
Business
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Indicate whether the statement is true or false
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Nongovernmental organizations are also known as ________
A) consumer organizations B) public organizations C) private organizations D) not-for-profit organizations E) for-profit organizations
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