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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Assume that the bank requires ABC, Co., to maintain at least $125,000 in Retained earnings. The $125,000 would be shown as
a. a ratio of the $125,000 restriction divided by total Retained earnings.
b. a current liability.
c. a restriction to Retained earnings.
d. a long-term liability.
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