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QUESTION
If a company reports retained earnings of $121.3 million on its balance sheet, it will also report $121.3 million in cash.
If a company reports retained earnings of $121.3 million on its balance sheet, it will also report $121.3 million in cash. T or F
Foreign companies using international accounting standards must reconcile their financial statements to American rules if they wish to sell securities in the U.S.
