RE Relationships (Retained Earnings)
• Projected RE = Old RE + Change in RE• Projected RE = Old RE + NI – Dividends• Projected RE = Old RE + [(Projected Sales × net margin) × (1 – payout ratio)]
The goto resource for studying materials
RE Relationships (Retained Earnings)
• Projected RE = Old RE + Change in RE• Projected RE = Old RE + NI – Dividends• Projected RE = Old RE + [(Projected Sales × net margin) × (1 – payout ratio)]