Quiz – T/F: Retained earnings is equal to the firm’s net income minus any dividends it paid

Fundamentals of Financial Management, Concise

Brigham and Houston

09th Edition and 10th Edition

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The amount shown on the balance sheet as "retained earnings" is equal to the company's net income for the year minus any dividends paid.

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  • Search Terms: a. b. false answer: true "retained , amount any as balance december dividends earnings" equal firm's for income is it minus net on paid sheet shown the to
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