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The Retained Earnings account balance for a large corporation is $10,000,000. This amount represents a....

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Accounting

The Retained Earnings account balance for a large corporation is $10,000,000. This amount represents

a. cumulative profits over time that have not been distributed to shareholders

b. cash in the bank

c. current year profits that have not been distributed to shareholders

d. revenues since the inception of the corporation

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