Which of the Following Statements About Retained Profits Is TRUE

Multiple Choice

Which of the following statements about retained profits is TRUE?

A) Retained profits is the sum of past net profits/losses minus dividends declared.
B) Retained profits indicates the total profits earned by a company since its inception.
C) If a company does not pay a dividend, it cannot decrease.
D) Retained profits is the current year's profit less dividends paid.