Retained earnings represents:
A)the accumulated profits of the company less dividends paid out.
B)a liability on the company balance sheet.
C)the assets of the company less the liabilities.
D)capital contributed by the shareholders of a company.

Question

Quizplus · Accepted Answer

Retained earnings are the cumulative amount of net income that a company has kept, rather than distributed as dividends to shareholders.

Retained Earnings Represents