Question

Explain the term Retained earnings? ​

Answer 1

Answer:

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Explanation:

Retained earnings (RE) is the amount of net income left over for the business after it has paid out dividends to its shareholders. ... Often this profit is paid out to shareholders, but it can also be re-invested back into the company for growth purposes. The money not paid to shareholders counts as retained earnings.

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Answer 2

Answer:

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