As stated earlier, it is the declaration of cash dividends that reduces Retained Earnings. Legally, corporations must have a credit balance in Retained Earnings in order to declare a dividend.…

Financing activities, including issuing stocks, borrowing funds, or repaying debts, can also influence net change. These activities can either provide additional capital for growth or reduce financial obligations, leading to…

Like AGI, MAGI can determine eligibility for certain programs and retirement contributions. You may qualify for none of these adjustments, in which case your adjustable gross income will be identical…