Hi All, just prepping for an interview, trying to review the relationship between the different statements. Let me know if this is right, or please add anything i'm missing. Thanks.
-Net income increases the Retained Earnings statement. Net losses and dividend payments decrease Retained Earnings statement.
- RE then similarly affects the SE portion of the,
- statement of cash flows affect the cash portion of the assets in thewith investing cash, affects the L+SE portion of with financing cash, and income statement with operating cash.
Anything else I am missing? Thanks!