Which of the formula is TRUE for calculating retained earnings-11221
Which of the formula is TRUE for calculating retained earnings?
This multiple choice question (MCQ) is related to the book/course vu fin630 Investment Analysis & Portfolio Management. It can also be found in vu fin630 Final Term - Quiz No.2.
Which of the formula is TRUE for calculating retained earnings?
Retained Earnings = Net Earnings - Dividends
Retained Earnings = Net Earnings + Long term debt
Retained Earnings = Net Earnings + Short term debt
Retained Earnings = Net Earnings + Dividend