Which of the following is a synonym of Undistributed Profits?
Which of the following is a synonym of Undistributed Profits?
(a) Savings of private corporate sector
(b) Reserves and Surplus
(c) Retained Earnings
(d) All of these
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Ans – (d)
Explanation:-
Undistributed profits is the profits retained by the firm after the corporate sector and dividends
The other name of the undistributed profits are:
- Savings of private corporate sector
- Reserves and Surplus
- Retained Earnings
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