The portion of a corporation's net income retained in the business is called:
A) interest earnings.
B) dividends.
C) tax expense.
D) retained earnings.

Name: The portion of a corporation's net income retained in the business is called: A) interest earnings. B) dividends. C) tax expense. D) retained earnings.
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Question

Quizplus · Accepted Answer

Retained earnings refers to the portion of a corporation's net income that is kept within the business instead of being paid out as dividends to shareholders.

The Portion of a Corporation's Net Income Retained in the Business