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    Accounting Principles
  4. Exam
    Exam 14: Corporations: Dividends, Retained Earnings, and Income Reporting
  5. Question
    Restricted Retained Earnings Are Available for Preferred Stock Dividends but Unavailable
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Restricted Retained Earnings Are Available for Preferred Stock Dividends but Unavailable

Question 60

Question 60

True/False

Restricted retained earnings are available for preferred stock dividends but unavailable for common stock dividends.

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