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    DT056's Avatar
    DT056 Posts: 1, Reputation: 1
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    #1

    Aug 4, 2010, 06:02 AM
    How do I calculate closing retained earnings?
    The only information provided is Net Income and Dividend. Based on the formula Closing RE = Opening RE + Net Income - Dividend
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Aug 24, 2010, 01:04 PM

    Closing Retained Earnings = Beginning Retained Earnings + Net Income - Dividends.
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