3) What are retained earnings? Select an answer: the amount of money that a company earns as profit profits that are distributed to the shareholders as dividends profits that are put back into the company revenue that is used to pay taxes

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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3)

What are retained earnings?

Select an answer:

  • the amount of money that a company earns as profit
  • profits that are distributed to the shareholders as dividends
  • profits that are put back into the company
  • revenue that is used to pay taxes
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