A company reported $237,110 of profit for 2020. It also declared $36,000 of dividends on preferred shares for the same year. At the beginning of 2020, the company had 52,000 outstanding common shares. These three events changed the number of outstanding shares during the year: June  1  Sold 20,000 common shares for cash. Aug.  31  Purchased and retired 12,000 common shares. Oct.  1  Completed a three-for-one share split. a. What is the amount of profit available for distribution  to the common shareholders? b. What is the weighted-average number

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.