- This topic has 1 reply, 2 voices, and was last updated 8 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
It is another word for retained earnings and increases each year by the profit for that year less the dividends for that year.
How it is calculated in any particular question depends on the nature of the question.
Have you watched my free lectures? They are a complete course for Paper F3 and cover everything needed to be able to pass the exam well.
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.