Retained earnings are
A) the funds held back to pay out dividends.
B) the funds used to pay corporate taxes.
C) profits not given out to stockholders.
D) the reason there is double taxation.
C
Economics
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Lauren has a savings account into which she puts money every month so she will eventually have enough for a down payment on a house. This is an example of which function of money?
a) Barter b) Medium of exchange c) Store of value d) Unit of account
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Refer to Table 15-4. What is the amount of Shakti's profit?
A) $68 B) $72 C) $124 D) $192
Economics