Asked by

Princess Luzelle Arbues
on Nov 18, 2024

verifed

Verified

A restriction/appropriation of retained earnings establishes cash assets that are set aside for a specific purpose.

Retained Earnings

The portion of a company's profits not distributed to shareholders as dividends but retained for reinvestment or debt payment.

Cash Assets

Resources in the form of currency or other items that can be easily converted to cash.

  • Analyze the effect retained earnings have on dividend disbursement amounts.
verifed

Verified Answer

SK
Sudharshan kalasaniNov 24, 2024
Final Answer:
Get Full Answer