Retained earnings represent the earnings retained in the corporation - earnings not paid out as dividends to stockholders.

Name: Retained earnings represent the earnings retained in the corporation - earnings not paid out as dividends to stockholders.
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Question

Quizplus · Accepted Answer

Retained earnings are the portion of net income that a company chooses to keep instead of paying out as dividends to shareholders. These earnings are typically reinvested in the business for future growth or used to pay off debt or other obligations.

Retained Earnings Represent the Earnings Retained in the Corporation -