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

Question

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

Retained Earnings Are Occasionally Restricted