The change in retained earnings can be calculated as follows:
A) Net Income - Dividends
B) Net Income + Dividends
C) Net Income - Interest
D) Net Income + Interest

Name: The change in retained earnings can be calculated as follows: A) Net Income - Dividends B) Net Income + Dividends C) Net Income - Interest D) Net Income + Interest
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Question

Quizplus · Accepted Answer

The change in retained earnings is calculated by taking the net income and subtracting any dividends paid out to shareholders.

The Change in Retained Earnings Can Be Calculated as Follows