单词 | statement of retained earnings |
释义 | statement of retained earningsDefinition Financial statement showing the net income of a firm set aside as a reserve, paid out to the stockholders (shareholders), and consumed by the losses. It usually accompanies an income statement or statement of owners' equity. Use 'statement of retained earnings' in a SentenceThe company that holds our mutual funds sent out a statement of retained earnings in order to ensure confidence in their company due to these financially unstable times. The statement of retained earnings provided equity shareholders and investors with valuable information with regards to the financial health of the company. As a new investor and possible partner, the businessman sought a chance to review every germane piece of paperwork dealing with his new potential business ally's fiscal interests, including a statement of retained earnings, keeping an eye particularly on how his new potential partner was handling stock dividends. |
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