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    Understanding Business
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    Exam 17: Understanding Accounting and Financial Information
  5. Question
    The ________ Account on the Balance Sheet Shows Profits That
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The ________ Account on the Balance Sheet Shows Profits That

Question 97

Question 97

Multiple Choice

The ________ account on the balance sheet shows profits that the firm has reinvested in the company.


A) retained earnings
B) stockholder's equity
C) intangible assets
D) notes payable

Correct Answer:

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