Retained Earnings represents:
A)the amount invested in the entity by the stockholders.
B)cash that is available for dividends.
C)cumulative net income that has not been distributed to stockholders as dividends.
D)par value of common stock outstanding.

Question

Quizplus · Accepted Answer

Retained Earnings is the cumulative amount of net income that a company has earned and retained, rather than distributing it to shareholders as dividends.

Retained Earnings Represents