Final answer:
Ending retained earnings for a period is equal to beginning Retained earnings + Net income - Dividends
Step-by-step explanation:
Ending retained earnings for a period is equal to beginning Retained earnings + Net income - Dividends. This is because net income represents the profits earned by a company during a given period, and dividends are the portion of those profits that are distributed to shareholders. Therefore, to calculate the ending retained earnings, you would add the beginning retained earnings to the net income and subtract the dividends.