What is the purpose of a retained earnings restriction

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Question: What was the total cost of Apple's treasury stock at September 27, 2014? What was the amount of the 2014 cash dividend? What was the size of the 2014 stock split? 21.

(a) What is the purpose of a retained earnings restriction?

(b) Identify the possible causes of retained earnings restrictions.

Reference no: EM131831208

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