Does the retained earnings figure on a companys balance sheet indicate the amount of funds the company

Question:

Does the retained earnings figure on a company’s indicate the amount of funds the company has available for current dividends or capital expenditures? Explain fully.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...