Which of the Following Best Describes the Term "Retained Earnings

question 87

Multiple Choice

Which of the following best describes the term "retained earnings"?

• A)The amount of total profits earned by a business since it began operations
• B)The amount of interest or claim that the owners have on the assets of the business
• C)The future economic resources of a business entity
• D)The cumulative profits earned by the business less any dividends distributed

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Definitions:

Dependent Variable

The outcome variable in an experiment or study that is being tested and measured, believed to be affected by the independent variable(s).

Regression Model

A statistical approach for estimating the relationships among variables, often one dependent variable and one or more independent variables.

Predict

The act of making educated guesses about the future based on current or past data, often an essential part of statistical analysis and planning.

Variable

An element, feature, or factor that is liable to vary or change.