The retained earnings of a company can be utilised to pay off debts or reinvest into the business. Outstanding shares, thus, represent the par value of common stocks issued alongside the par value of preferred shares that the company sells.…
These goals are based on performance in prior periods as well as management’s growth expectations. While it’s essential to be optimistic about your business’s prospects, it is equally crucial to maintain realism when making estimates for your budgeted income statement.…