Retained earnings are the amounts left over from profitable operations since the company's beginning. They are equal to total profits minus all dividends paid to shareholders.

Name: Retained earnings are the amounts left over from profitable operations since the company's beginning. They are equal to total profits minus all dividends paid to shareholders.
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Question

Quizplus · Accepted Answer

Retained earnings are indeed equal to total profits minus all dividends paid to shareholders.

Retained Earnings Are the Amounts Left Over from Profitable Operations