The board of directors decided to pay 50 percentof the firm’s $460,000 earnings in dividendsto the stockholders. The firm has retainedearnings of $680,000 on the books. After thedividends are paid, which of the followingstatements is true about the firm’s retainedearnings account?a. The new value of the firm’s retained earningsis $910,000.b. The new value of the firm’s retained earningsis $450,000.c. The firm failed to reach its profit goal.d. Each shareholder will receive more than he orshe received last year.e. The firm’s retained earnings are too high.

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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.