I've forgotten more about finance than you'll ever know. Degrees in Accounting, an MBA and financial consultant for more years than I want to acknowledge.
Net income impacts Retained Earnings during closing. If you pay dividends, Retained Earnings are adjusted (debited). If you accumulate net income, Retained Earnings (credited) grow. Cash isn't the same as earnings, but the argument was that companies are hoarding cash. That excess cash in the form of undistributed earnings is reflected in Retained Earnings. Companies either use cash for expenses, invest cash or pay dividends/buyback stock. If a company isn't investing, the potential projects ROI does not meet their targets. To just sit on cash is viewed negatively by the street since it signals a lack of growth opportunities.
Good luck with that claim. And you have already proven you know nothing but you are good about lying about a resume. LMAO