For each description listed in items below, select the letter of the accounting term (A through F) it best describes.You may use each letter more than once.
-Total measured past growth less the amount distributed to owners

Question

Quizplus · Accepted Answer

The description matches the definition of Retained Earnings, which is the portion of a company's profits that is kept or retained and not paid out to shareholders. Retained Earnings represent the total measured past growth (profits) less the amount distributed to owners (dividends).

For Each Description Listed in Items Below, Select the Letter