How to prepare a statement of retained earnings for your business
ContentWhat's the Difference Between Owner's Equity and Retained Earnings?What are Retained Earnings?The Mysterious Disappearance of Retained EarningsUsing Retained EarningsHow Net Income Impacts Retained Earnings Learn financial statement modeling, DCF, M&A, LBO, Comps and Excel shortcuts. Upon combining the three line items, we arrive at the end-of-period balance – for instance, Year 0’s ending balance is $240m. Other companies have to decide whether to do business with yours, and that’s also very important. Right now how many other companies are anxious to do business with Enron, Global Crossing or K-Mart? In this course, and in the legal and business world in general, Managers are viewed as a special group...