Quiz – T/F: Retained earnings is the actual cash that the firm has generated through operations

Fundamentals of Financial Management, Concise

Brigham and Houston

09th Edition and 10th Edition

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Retained earnings is the actual cash that the company has earned earned through operations less the cash that has been paid out to stockholders as dividends. If the firm has enough retained earnings, it can buy assets and pay form them with cash from retained earnings.

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