The board of directors decided to pay 50. What is the new value of the firm's retained earnings?
1)The new value of the firm's retained earnings is 910,000.
2)The new value of the firm's retained earnings is 450,000.
3)The firm failed to reach its profit goal.
4)Each shareholder will receive more than he or she received last year.
5) e-The firm's retained earnings are too high.
