Formidable Another Name For Retained Earnings
Retained earnings are also known as retained capital or accumulated earnings.
Another name for retained earnings. The retained earnings balance or accumulated deficit balance is reported in the stockholders equity section of a companys balance sheet. Net income of any company is the amount of net earnings which is measured by sales minus cost of goods sold depreciation administrative. What is another name for retained earnings.
How Do Retained Earnings Work. Warren Buffet recommended creating at least 1 in market value for every 1 in retained earnings on a five-year rolling basis. Heres a list of similar words from our thesaurus that you can use instead.
Often these retained funds are used to make a payment on any debt. All business types sole proprietorships partnerships and corporations use owners equity but only sole proprietorships name the balance sheet account owners equity Partners use the term partners equity and corporations use retained earnings 2 The Basic Accounting Equation. The statement of retained earnings might also be known as the statement of owners equity an equity statement or statement of shareholders equity.
Normally these funds are used for working capital and fixed asset purchases capital expenditures or allotted for paying off debt obligations. By definition retained earnings are the cumulative net earnings or profits of a company after accounting for dividend payments. Noun accounting The continuous growth of capital by retention of interest or savings.
Although this statement is not always considered one of the main financial statements it is still useful for tracking your retained earnings and seeking outside financing. Need synonyms for retained earnings. What are Retained Earnings.
The retained profit The accumulated earnings of a company or entity minus distributed income such as dividends since its start date or inception. Common stock and retained earnings. They are also called earned surplus retained capital or accumulated earnings.