The retained earnings of a corporation is the:
A) internally generated capital that is raised from profitable operations.
B) externally generated capital that is contributed by shareholders.
C) externally generated capital that is raised from banks and other creditors.
D) internally generated capital that from the direct investment of employees.
Correct Answer:
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Q1: Paid-in capital consists of:
A)amounts paid by customers.
B)capital
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Q9: Which of the following is true of
Q10: Preferred stock is a stock:
A)that sells for
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Q19: Paid-in capital is externally generated capital and
Q23: The par value of stock is _.
A)
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