​Which of the Following Is NOT Public Information on Record

question 3

Multiple Choice

​Which of the following is NOT public information on record with the Secretary of State through the Uniform Commercial Code?

• A)​the company articles of incorporation
• B)​the current board of directors
• C)​the corporation registered agent
• D)​the initial incorporators

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Definitions:

Retained Earnings

The portion of net income that is not distributed to shareholders but is kept by the company to be reinvested in its core business or to pay debt.

Year-end Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholders' equity at the final day of the financial year.

Gross Profit

The financial performance metric that subtracts the cost of goods sold from total sales revenue.

Net Sales

The amount of revenue generated by a company after deducting returns, allowances for damaged or missing goods, and any discounts allowed.