Retained earnings are a general claim against ________.
A) stockholders
B) creditors
C) paid in capital
D) total assets

Question

Quizplus · Accepted Answer

Retained earnings represent the portion of net income that is retained by the company rather than distributed to its shareholders as dividends. They are a claim against the company's total assets, reflecting the accumulated earnings that have been reinvested in the business.

Retained Earnings Are a General Claim Against ________