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The Cumulative Net Income and Loss Not Distributed as Dividends

question 90

Short Answer

The cumulative net income and loss not distributed as dividends to a corporation's shareholders is called ________.


Definitions:

Water Rights

Rights concerning the ownership and regulation of the usage of water from rivers, lakes, or underground sources.

Mineral Rights

The ownership rights of underground resources like oil, natural gas, metals, and minerals.

Airspace

The space above the ground in which aircraft can fly, also subject to property, safety, and national defense regulations.

Leasehold Estate

An interest in real property giving a tenant the right to possession and use of property for a specified time, under certain conditions.

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