Examlex
All of the following are tenets of pluralist theory EXCEPT that
Retained Earnings
The portion of net income that is not distributed to shareholders as dividends but is kept by the company to reinvest in its core business or to pay debt.
Liability Account
An accounting record that captures the amounts a company owes to creditors.
Creditors
Creditors are individuals or entities to whom a company owes money for goods or services that have been provided.
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