The income statement is one of the three main financial statements used by companies when reporting their results. The income statement shows you a company's revenues and subtracts all of the various ...

Most business owners are familiar with the term “net income.” But what about “retained earnings?” This financial metric is just as important as net income, and it’s essential to understand what it is ...

Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

Retained earnings are profits that are earned by a company but are not distributed out to shareholders as dividends payments. Retained earnings can be used to fund operations, for large capital ...