Part 1[2]
Using line 15, define the term ‘retained earnings’.
Business 9609 · AS & A Level · Sources of finance
Using line 15, define the term ‘retained earnings’.
This 2-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Funds held inside the business that are retained profit (i.e. profit not paid out as dividends)” …