Retained Earnings Represent Internally Generated Capital

question 44

True/False

Retained Earnings represent internally generated capital.

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Definitions:

Financing Activities

Transactions related to raising capital and repaying debt; part of the cash flows in financial statements.

Investing Activities

Transactions and events that involve the purchase or sale of long-term assets and other investments not included in cash equivalents.

Statement Of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations, investment activities, and financing activities.

Financial Statements

Documents that provide an overview of the financial condition of a company, including the balance sheet, income statement, and cash flow statement.