Multiple Choice
If the retained profit figure in a company statement of financial position increases from the beginning of the year to the end of the year, it is most probable that:
A) profit for the year is less than dividends declared.
B) bonus shares have been issued.
C) additional capital has been raised during the year.
D) profit for the year is more than dividends declared.
Correct Answer:

Verified
Correct Answer:
Verified
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