Retained Earnings: Entries and Statements Financial Accounting
This indicates that the company generates adequate revenue that covers its expenses and dividend payments while still having some leftover money to reinvest in the business. Some factors that can affect a company’s retained earnings include depreciation, COGS, dividends, etc. This statement of retained earnings can appear as a separate statement or as inclusion on …
Retained Earnings: Entries and Statements Financial Accounting Leer más »