View Policies Current Attempt in Progress Car and Auto Sisters had retained earnings of $18800 on the balance sheet but disclosed in the footnotes that $3300 of retained earnings was restricted for plant expansion and $800 was restricted for bond repayments. Cash of $1800 had been set aside for the plant expansion. How much of retained earnings is available for dividends? O $14700 O $18800 $12900 O $15500
View Policies Current Attempt in Progress Car and Auto Sisters had retained earnings of $18800 on the balance sheet but disclosed in the footnotes that $3300 of retained earnings was restricted for plant expansion and $800 was restricted for bond repayments. Cash of $1800 had been set aside for the plant expansion. How much of retained earnings is available for dividends? O $14700 O $18800 $12900 O $15500
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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![O NWP Assessment Player UI Appli x
w HW-Ch11
on Witing Asses x
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Question 13 of 20
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Current Attempt in Progress
Car and Auto Sisters had retained earnings of $18800 on the balance sheet but disclosed in the footnotes that $3300 of retained
earnings was restricted for plant expansion and $800 was restricted for bond repayments, Cash of $1800 had been set aside for the
plant expansion. How much of retained earnings is available for dividends?
O $14700
O $18800
O $12900
O $15500
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Transcribed Image Text:O NWP Assessment Player UI Appli x
w HW-Ch11
on Witing Asses x
O Homepage - Northeastern Illinoi x
它 ☆
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11
-/3 E
Question 13 of 20
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View Policies
Current Attempt in Progress
Car and Auto Sisters had retained earnings of $18800 on the balance sheet but disclosed in the footnotes that $3300 of retained
earnings was restricted for plant expansion and $800 was restricted for bond repayments, Cash of $1800 had been set aside for the
plant expansion. How much of retained earnings is available for dividends?
O $14700
O $18800
O $12900
O $15500
eTextbook and Media
Attempts: 0 of 3 used
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125
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O a
58°F
11/19
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%23
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