In this example, we can see that ABC Limited Liability Company’s total assets increased from $300,000 in 2021 to $370,000 in 2022. There are many sub-components that are retained earnings balance sheet recorded under shareholders’ equity. These include Common Stock, Prefer Stock, Retained Earnings, and Accumulated Other Comprehensive Incomes. For a private company, we usually… Read more

By understanding their intricacies, both professionals and clients can ensure a symbiotic relationship. They allow PE professionals to deep-dive into potential investments, and secure in their compensation. A classic example is the Blackstone Group, one of the world’s largest PE firms, which often employs retainers in its multifaceted deals. Imagine you call Minc Law to… Read more