Retained Earnings Are

question 123

Multiple Choice

Retained earnings are:

• A)the only internally generated capital source.
• B)the least expensive source of capital because they're not subject to administrative expenses.
• C)free to the company because they come from ordinary operating earnings.
• D)All of the above

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Definitions:

Baking Soda

A white crystalline compound used in baking as a leavening agent, known chemically as sodium bicarbonate.

Buttermilk

Originally the liquid leftover from churning butter, now often commercially made by adding bacteria to skim milk.

Chemical Difference

The variation in composition and properties between substances due to differences in their molecular or atomic structure.

Buttermilk

Traditionally, the liquid left after churning butter from cream; now often commercially produced by adding lactic acid bacteria to milk.