Examlex
Which of the following is false about changing habits?
Retained Earnings
The portion of net income that is kept by the company rather than distributed to its shareholders as dividends.
Contributed Surplus
The value of anything of value that is given to a company in exchange for shares, above the par value of the shares.
Net Income
The total profit of a company after all expenses, including taxes and interest, have been deducted from total revenue.
Retained Earnings
Retained earnings are the accumulated net profits that a company chooses to keep rather than distribute to shareholders as dividends, often reinvested in the business.
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