Retained Earnings Is the Total Amount Of

question 59

Multiple Choice

Retained earnings is the total amount of:

• A)income that is distributed as dividends to the shareholders.
• B)debt not repaid in the current year.
• C)accumulated depreciation charged on the firm's assets.
• D)income that has been saved and reinvested in assets since the firm started business.
• E)profit retained by a firm to pay taxes.

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Definitions:

Strategic Planning

A systematic process for envisioning a desired future and translating this vision into broadly defined goals and a sequence of steps to achieve them.

Organizational Performance

An assessment of how effectively an organization meets its goals and objectives.

Stakeholder Orientation

A company's approach to considering the interests and well-being of all its stakeholders in decision making.

Ethical

Pertaining to or dealing with morals or the principles of morality; pertaining to right and wrong in conduct.