Tuesday
July 29, 2014

Homework Help: finance (retained earnings)

Posted by Jason on Friday, July 25, 2008 at 2:44pm.

The retained earnings of the firm belong to

A. creditors
B. prefered stockholders
C. common stockholders
D. bondholders

retained earnings is a company asset. it is money that the company keeps rather than paying a dividend to the stockholders.

I like C for my answer
retained earnings belong to the common stockholders

Is this correct???

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