How to pronounce “retained earnings” in English

Retained earnings means the money that's retained into the business.

And retained earnings are attributable to equity, it's on-board money.

Most companies use their retained earnings as a first source of funding.

and a statement of retained earnings.

gives you ending retained earnings.

So you start with the beginning retained earnings balance, you add to that the net operating income, you subtract away any dividends,

and that gives you your ending retained earnings number.

gets added into the statement of retained earnings that shows up on the balance sheet.

Never from retained earnings or equity or not very much.

statement of cash flow, statement of retained earnings, you have to do the income statement first because the net operating income component

And so the way it all fits together is net operating income is something that gets added to an account called your beginning retained earnings.

Well, I've also talked to you about the statement of retained earnings because beginning retained earnings plus net operating income minus dividends

I said income statement, balance sheet, statement of cash flows, and statement of retained earnings.