Concept Introduction Retained Earnings : The part of net income left with the company after the company makes dividend payments to shareholders is known as retained earnings (RE). A business with an eye toward expansion may choose to employ retained earnings rather than paying any dividends at all or in very tiny sums. The balance of Retained Earnings as of December 31.

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Chapter 11, Problem 21QS

To determine

Concept Introduction

Retained Earnings: The part of net income left with the company after the company makes dividend payments to shareholders is known as retained earnings (RE). A business with an eye toward expansion may choose to employ retained earnings rather than paying any dividends at all or in very tiny sums.

The balance of Retained Earnings as of December 31.

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