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Retained Earnings are?

1. Retained Earnings are?

1. It is not necessary when determining assignments.
2. Also known as corporate salaries after paying dividends.
3. An indication of the financial position of the company.
4. Similar to bank money.

Answer: B) Also known as corporate salaries after paying dividends

Explanation:

Retained earnings are known as corporate salaries after paying dividends. Retained earnings are the profits the company has achieved so far, under any profits or other distributions paid to investors. This amount is adjusted whenever the accounting records are included which contributes to the accounting income or expense.