the disclosure that management does not intend to distribute in the form of dividend 633671
An appropriation of retained earnings by the board of directors of a corporation for future plant expansion will result in
- The establishment of a fund to help finance future plant expansion.
- The setting aside of cash to be used for future plant expansions.
- A decrease in cash on the balance sheet with an equal increase in the investments and funds section of the balance sheet.
- The disclosure that management does not intend to distribute, in the form of dividends, assets equal to the amount of the appropriation.