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Unformatted text preview: Profit and Loss Statement, and Earnings Statement. This makes sense as the income statement shows the net income or net losses of a company or organization. One particular concept that interested me was the retained earnings. Companies can choose to pay the dividends or retain or hold the amount for the time being. FINANCIAL STATEMENTS 3 References PhxKlips, University of Phoenix. (2006). Financial Statements. Retrieved from https://ecampus.phoenix.edu/secure/aapd/ubam/libraries/Flash/FINstatements.html PhxKlips, University of Phoenix. (2006). Income Statements. Retrieved from https://ecampus.phoenix.edu/secure/aapd/ubam/libraries/flash/IncomeStatement-ss-ms.html...
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This note was uploaded on 09/05/2011 for the course ECON 101 taught by Professor Smith during the Spring '11 term at University of Phoenix.
- Spring '11