Examlex
Which of the following statements is correct?
Retained Earnings
The portion of a company's profit that is held or retained and saved for future use, reinvestment in the business, or to pay debt, rather than being paid out as dividends.
Additional Paid-In Capital
The excess amount paid by investors over the par value of shares, reflecting the additional capital contributed to a corporation.
Accumulated Comprehensive Income
The total of all net income and other comprehensive income items that have been accumulated over the life of a company.
Net Income
The total profit or loss a company generates from its operations, after subtracting all expenses, taxes, and costs.
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