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Showing results for undivided profits. Search instead for shifted profits.

undivided profits

American  

plural noun

  1. earnings that have neither been distributed as dividends to stockholders nor transferred to the earned surplus account.


Example Sentences

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With this in mind he gently eased the defaulting bookkeeper out hushed up the fraud, charged the loss to surplus & undivided profits.

From Time Magazine Archive

Combined capital of the two banks is $38,500,000; combined surplus and undivided profits are $53,082,662 ; combined total resources $726,399,324.

From Time Magazine Archive

Under an undivided profits tax, the corporation might declare the same dividends with the result that it would have to pay 35% on the remaining $500,000.

From Time Magazine Archive

To handle increasing inventories and new expansion without suffering under the undivided profits tax, Abbott stockholders last week authorized issuance of 50,000 shares of $100 preferred stock, of which only 20,000 will be issued immediately.

From Time Magazine Archive

It's the surplus and undivided profits account of your business, and until the concern accumulates a big one it isn't safe to move into offices on Easy Street.

From Old Gorgon Graham More Letters from a Self-Made Merchant to His Son by George Horace Lorimer

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