Which of the following is a measure of past profits that have been retained in a business?

Name: Which of the following is a measure of past profits that have been retained in a business?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Retained earnings is a measure of past profits that a company has retained in the business instead of distributing to shareholders in the form of dividends. Liabilities represent the company's obligations and debts, common stock represents ownership in the company, and assets represent the company's resources.

Which of the Following Is a Measure of Past Profits