Retained earnings are the cumulative profits or losses since incorporation which have been retained within the corporation.

Name: Retained earnings are the cumulative profits or losses since incorporation which have been retained within the corporation.
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Quizplus · Accepted Answer

Retained earnings represent the cumulative amount of net income earned by a company since its inception, minus any dividends paid to shareholders, and are retained within the company for reinvestment in its operations or to pay debt.

Retained Earnings Are the Cumulative Profits or Losses Since Incorporation