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Is Retained earnings the same as cash 2024?
Questioner：Ava Wilson 2023-06-10 12:09:28
The most authoritative answer in 2024
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Lucas Davis——Works at the International Criminal Court, Lives in The Hague, Netherlands.
It is important to understand that retained earnings do not represent surplus cash or cash left over after the payment of dividends. Rather, retained earnings demonstrate what a company did with its profits; they are the amount of profit the company has reinvested in the business since its inception.read more >>+119962023-06-15 12:09:28
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