Solved

Retained Earnings Is the Part of Income That

Question 70

Multiple Choice

Retained earnings is the part of income that


A) households retain after paying taxes.
B) businesses retain after paying taxes.
C) corporations have earned but have not used to invest in plant, equipment, and inventories.
D) corporations have earned but have not paid out to their owners.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents