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Identify the letter of the choice that best matches the phrase or definition.
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Retained Earnings
The accumulated portion of net income not distributed to shareholders and reinvested in the business.
Voting Rights
The rights of shareholders to vote on key corporate decisions, such as the election of the board of directors.
Preemptive Rights
The rights that give existing shareholders the opportunity to buy additional shares of a company's new stock issue before the public, maintaining their percentage of ownership.
Retained Earnings
The portion of net income that is retained by the corporation rather than distributed to its owners as dividends, typically used for reinvestment in the business or paying down debt.
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