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simmiie259 simmiie259
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Retained earnings is the existing shareholders’ reinvested profit and does not represent cash, nor is it “available” for the payment of dividends or anything else.


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Textbook 
 Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
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HCho0HCho0
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simmiie259 Author
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A year ago
Thanks
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this is exactly what I needed
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Good timing, thanks!
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