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Karsyn Reilly
Biology
6 January, 20:52
What is the purpose of a reserve?
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Solomon Crosby
6 January, 21:20
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A reserve is profits that have been appropriated for a particular purpose. Reserves are sometimes set up to purchase fixed assets, pay an expected legal settlement, pay bonuses, pay off debt, pay for repairs and maintenance, and so forth ... Thus, funds designated as a reserve can actually be used for any purpose.
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