Retained earnings are occasionally restricted
A) due to contractual loan restrictions.
B) if preferred dividends are in arrears.
C) to set aside cash for dividends.
D) to keep the legal capital associated with share capital intact.

Question

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The Answer of Retained earnings are occasionally restricted
A) due to contractual loan restrictions.
B) if preferred dividends are in arrears.
C) to set aside cash for dividends.
D) to keep the legal capital associated with share capital intact.

Retained Earnings Are Occasionally Restricted