Asked by Taylor Fujimoto on Jun 09, 2024
Verified
The cumulative net income and loss not distributed as dividends to a corporation's shareholders is called ________.
Retained Earnings
The part of a company's net profit that is retained by the company instead of being paid out to shareholders in the form of dividends.
- Acquire knowledge on the constituents of stockholders' equity and how they are represented in financial statements.
Verified Answer
CC
Learning Objectives
- Acquire knowledge on the constituents of stockholders' equity and how they are represented in financial statements.
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