When a company earns profits, it can either decide to retain the same and invest it in the business or distribute the profits to the shareholders of the company. This retained profit is called retained earnings. It is the residual earnings from operations that is not distributed to shareholders.
Retained Earnings Print
Modified on: Fri, 30 Oct, 2020 at 1:35 AM
Did you find it helpful?Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.