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  3. retained earnings represent since the company's f

Retained Earnings represent since the company's formation, how much "operating income" has been kept...

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Question

Accounting

Retained Earnings represent
since the company's formation, how much "operating income" has been kept in
the company and not paid out as dividends
@ none of the listed answers are correct
since the company's formation, how much "net income" has been paid out as
dividends
since the company's formation, how much "cash" has been kept in the company
and not paid out as dividends

Answer & Explanation Solved by verified expert
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