The ________ Account on the Balance Sheet Shows Profits That

question 97

Multiple Choice

The ________ account on the balance sheet shows profits that the firm has reinvested in the company.

• A) retained earnings
• B) stockholder's equity
• C) intangible assets
• D) notes payable

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Definitions:

Individualism

A social theory favoring freedom of action for individuals over collective or state control.

"Other-Centered"

A focus or concern on the needs, feelings, and well-being of others rather than oneself.

Consequences

The results or outcomes of an action, which can be positive or negative.

Punishment

The imposition of a penalty as retribution for an offense, distinct from discipline as it primarily focuses on retribution and control.