The Term 'Retained Profits

Multiple Choice

The term 'retained profits':

A) is representative of the cash that the corporation has available to pay dividends as of the balance sheet date.
B) is found among the assets on the balance sheet of any profitable corporation.
C) refers to an item whose value is always as large as, or larger than, that of cash on the balance sheet.
D) refers to an account balance found on the balance sheet of a corporation that has paid dividends of lesser amount than profits since the beginning of the corporation.