Assertion: net income | /r/HasProperty | retained by the company
Facets:
value: in the retained earnings account
type: OTHER
Source sentences:
text: These profits can either be retained by the company in the retained earnings account or they can be distributed to shareholders or owners.
text: Net income strips away the actual and forecasted expenses of a company (with the exception of dividends) to provide a “bottom line” of how much profit is being retained by the company.