Small business owners often confuse net profit with retained earnings—but they serve very different purposes in your financial reporting. In this episode, Answers CPA explains the distinction in simple terms, helping you understand how each impacts your bottom line and future planning. Learn how to read financial statements more effectively, avoid common misconceptions, and make smarter decisions for growth and sustainability.
Read more:
https://www.answers.cpa/blog/n....et-profit-vs-retaine
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