Glossary
Retained earnings
Every dollar of profit the company has ever earned and not paid out as dividends. Each year it grows by net income and shrinks by dividends and buybacks. It is the balance sheet's memory of the income statement.
Glossary
Every dollar of profit the company has ever earned and not paid out as dividends. Each year it grows by net income and shrinks by dividends and buybacks. It is the balance sheet's memory of the income statement.