a fund of cash that has accumulated over all the years the company has been in business. the net incomes of the company since it has been in business plus the amount received from the sale of common stock. the positive cash flows minus the negative cash flows since the company has been in business. the net incomes of the company minus any dividends paid since the company has been in business. a fund of cash that has been earned since the company began in business minus any dividends paid. A company's retained earnings is O O 00