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    vicjim's Avatar
    vicjim Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 12, 2009, 01:15 PM
    How do I calculate retained earnings?
    OK I have to find the retained earnings and I have no idea how to do so. My assets are $350,000.00 and my liabilities are $80,000.00 and capital stock is $210,000.00 how do I find the retained earning?
    codyman144's Avatar
    codyman144 Posts: 544, Reputation: 31
    Senior Member
    		  
    #2

    Mar 12, 2009, 06:06 PM

    Remember:

    Assets = Liabilities + Equity

    Now what makes up Equity? Do you get it now?
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