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Retained losses and earnings are netted out and carried forward from year to year. Here's Nifty's year-end income statement to show how retained ... each of which produces $20,000 per year after tax ...
Retained earnings are the cumulative profits that a business holds onto for operations after any dividends have been paid. Retained earnings refer to the portion of a company’s net income that ...
A basic principle of accounting is that net operating losses are subtracted from retained earnings and thus from capital ... to market and reflect the results in its profit and loss statement and its ...