The Portion of Net Income That Is Held by a Firm

question 48

Multiple Choice

The portion of net income that is held by a firm for future growth comprises which one of the following balance sheet accounts?

• A)capital surplus
• B)common stock
• C)internal earnings
• D)retained earnings
• E)net earnings

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Definitions:

Personality Trait

enduring characteristics or qualities that describe an individual's behavior across different situations.

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