Retained earnings are profits that are earned by a company but are not distributed out to shareholders as dividends payments. Retained earnings can be used to fund operations, for large capital ...

“Phantom income” represents a challenge for taxpayers and businesses in tax planning and financial management—but its consequences may be worse for payors of alimony and child support. Although the ...

Retained earnings are profits of a business that are not paid out to the owners but instead are retained by the business for several reasons, such as for investment, business expansion or the purchase ...

Even as the controversy stoked by the Central Bank of Nigeria (CBN)’s announcement disallowing the deposit money banks from declaring their retained earnings as part of their assets is yet to abate, ...