Total equity.pdf - Total equity 2017(RM'000 2018(RM'000 1,962,867 2,020,375 Total Equity in Statement of Financial Position in Year 2017 and 2018

Total equity.pdf - Total equity 2017(RM'000 2018(RM'000...

This preview shows page 1 out of 1 page.

10 Total equity 2017(RM'000) 2018(RM'000) 1,962,867 2,020,375 Based on the total equity of year 2017 and 2018 of AEON CO. (M) BHD. as shown above, it is RM1,962,867 thousand in year 2017 and RM2,020,375 thousand in year 2018. The total equity of year 2018 has increased comparing to year 2017. First and foremost, the increases of retained earnings is one of the reasons of the increase in equity from year 2017 to year 2018. Retained earnings are corporate salary or benefit that do not pay out as profits. Therefore, retained earnings are the money that are retained or kept in the company's accounts. The net income of AEON CO. (M) BHD. has
Image of page 1

You've reached the end of your free preview.

Want to read the whole page?

  • Fall '16

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes
A+ icon
Ask Expert Tutors