Ask Question
4 July, 16:22

Which of the following terms best describes the cumulative value of net income or loss not taken out of the business?

(A) Short-term capital.

(B) Contributed capital.

(C) Working capital.

(D) earned capital.

+2
Answers (1)
  1. 4 July, 17:10
    0
    (D) earned capital

    Explanation:

    Earned capital is a company's net income which is maintained as a strategic decision. The organization decides to not distribute the earnings to investors and save the money for future investments, for example. This type of decisions are usually taken by enterprises on the first stages of the business ir order to accumulate capital for future plans.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following terms best describes the cumulative value of net income or loss not taken out of the business? (A) Short-term ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers