Based on the information given, it can be deduced that the reinvestment of profit which is $35 million is known as the retained earnings.
Retained earnings simply refer to part of the cumulative profit that is earned by a company which is saved for future use.
Retained earnings are typically earned from the net income at the end of a particular period. In this case, the company had a net income of $50 million and distributed $15 million as a dividend.
Therefore, the remaining $35 million is the retained earnings.
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