146k views
3 votes
kramer co. had retained earnings of $30,000 on the balance sheet but disclosed in the footnotes that $6,000 of retained earnings was restricted for building expansion and $2,000 was restricted for bond repayments. cash of $4,000 had been set aside for the plant expansion. how much of retained earnings is available for dividends?

User Dandax
by
8.6k points

1 Answer

2 votes

Answer:

Step-by-step explanation:

91 91.

User Hasib Tarafder
by
7.8k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories