Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. retained earnings represents: a. cash that is avai

Retained earnings represents: a. cash that is available for dividends. b. the total net income...

60.1K

Verified Solution

Question

Accounting

Retained earnings represents:

a. cash that is available for dividends.

b. the total net income of the firm since its beginning.

c. cumulative net income of the firm since its beginning that has not been distributed to its stockholders in the form of dividends.

d. net income plus gains (or minus losses) on treasury stock transactions.

please explain.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

Fit & Slim (F&S) is a health club that offers members various gym services. Required: 1. Assume F&S...

Physics
1.2K views

2. A cord with linear mass density 14 g/m carries a traveling transverse wave moving...

Physics
1.2K views

The 2.0 million kW of electricity produced by the power plants accounts for only about...

Geometry
1.2K views

Read the question and enter your response in the box provided Use the tools and...

Basic Math
1.2K views

The amount of time a certain brand of light bulb lasts is normally distributed with...

Calculus
1.2K views

Assume that a demand equation is given by x 7000 100p Find the marginal revenue...

Accounting
1.2K views

help me with the incorrect answers TUUL HUIU veldicated...

Accounting
1.2K views

On November 1, 2024, Pembina Inc. accepted a three-month, 9%,$55.200 note...

Accounting
1.2K views

Prepare Shelly's Form 1040 for 2022 including all appropriate schedules. Schedule A, Schedule C, Form...

Accounting
1.2K views

How is a predetermined manufacturing overhead rate determined?

Accounting
1.2K views

Pick an organization you know such as a school, a local firm, an entertainment business,...

Accounting
1.2K views

Table 6 Easy Cook Company manufactures two products: toaster ovens and bread machines. The following...