11. So retained earnings , the earnings that were kept in the business, look far better. 12. Retained earnings and private placements, or sales, of stock also helped reduce the debt.13. "We call it a reduction in the tax on retained earnings , " he says. 14. The 1995 cash dividend includes retained earnings from previous years. 15. The investments under the Manila concessions were financed through debt, equity and retained earnings . 16. He said the upgrading is being financed from retained earnings . 17. In either method, any transaction involving treasury stock cannot increase the amount of retained earnings . 18. The subject of the discussion was whether the Plowback retained earnings redirect should be deleted. 19. First, capital comes not only from borrowing, but also from retained earnings and selling equity. 20. In 2000, under the old accounting method, Dell posted retained earnings of $ 1.26 billion.