Rick’s Internet Corporation’s balance in Retained Earnings is $30,000.
The board of directors directs that $15,000 be appropriated for future
business expansion.This will cause total retained earnings to __________.
A. remain at $30,000
Earning will not have any effect , it would be board decision if they
want to add more capital or the want to use the money from retained
Feb 5th, 2015
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