In the statement of cash flows, changes in retained earnings are reported as two separate line items, which are __________ and ___________.
A)revenues and expenses
B)assets and liabilities
C)depreciation and amortization
D)net profits and dividends
E)none of the above

Question

Quizplus · Accepted Answer

Changes in retained earnings in the statement of cash flows are reported as two separate line items, which are net profits (or net losses) and dividends.

In the Statement of Cash Flows, Changes in Retained Earnings