Meaning of Retained earnings

How we at Bookkeeping Support Define the Meaning of Retained earnings:

A portion of a company’s profits known as retained earnings are preserved for internal use rather than being paid out as dividends.

How AI Define the Meaning of Retained earnings:

Retained earnings mean: The average amount of profits earned by a company that are kept after paying dividends to shareholders, which can be reinvested back into the business or used for other purposes.

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