多媒体课件财务会计〔双语〕本04周.pptVIP

Statement of Retained Income Statement of retained income - lists the beginning balance in Retained Income, followed by a description of any changes that occurred (usually net income and dividends) during the period covered by the statement, and the ending balance in Retained Income Statement of Retained Income DANIELS COMPANY Statement of Retained Income for the Year Ended June 30, 2002 Retained income, July 1, 2001 $108,600 Net income for the year 29,300 Total $137,900 Cash dividends declared 10,000 Retained income, June 30, 2002 $127,900 =============== Statement of Retained Income Often, the statement of retained income is added to the bottom of an income statement to produce the statement of income and retained income. This statement can be anchored to the balance sheet equation as follows: Assets = Liabilities + Paid-in Capital + Retained Income Beginning Balance + Revenues - Expenses - Dividends Statement of Retained Income DANIELS COMPANY Statement of Income and Retained Income for the Year Ended June 30, 2002 Sales $ 98,600 Expenses: Wages expense $45,800 Rent expense 12,000 Utilities expense 6,500 Depreciation expense 5,000 69,300 Net income $ 29,300 Retained income, July 1, 2001 108,600 Total $137,900 Dividends declared 10,000 Retained income, June 30, 2002 $127,900 ============== Four Popular Financial Ratios Literally hundreds of ratios can be calculated from a set of financial statements. Four widely used financial ratios: Earnings per Share (EPS) Price-Earnings (P-E) Ratio Dividend-Yield Ratio Dividend-Payout Ratio Earnings per Share (EPS) EPS is shown on the face of the income statement. Earnings per share is the net income per common share of stock outstanding during a period. Price-Earnings (P-E) Ratio The P-E ratio measures how much investors are willing to pay for a chance to share the comp