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PLS HELP ASAP Owners equity includes (______), which is the amount of profits that your business has been able to save over the past few years.
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PLS HELP ASAP

Owners equity includes (______), which is the amount of profits that your business has been able to save over the past few years.

User EversMcc
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1 Answer

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Retained earning
Step-by-step explanation:
A company's profits are distributed to shareholders as dividends, retained in the business for reinvestment, or both. Therefore, retained earning are profits that were not distributed to shareholders. They are funds that belong to owners but withheld for use in the business.
Retained earnings form part of a company's capital. It is money that shareholders have contributed to the business by not sharing in profits.
User Fabian Linzberger
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