-Refer to the Above Figure. Autonomous Consumption Equals

question 151

Multiple Choice

-Refer to the above figure. Autonomous consumption equals

• A) 0.
• B) -$5000.
• C) $5000.
• D) $25,000.

---

Definitions:

Retained Earnings

The portion of net income that is not distributed to shareholders as dividends but retained by the company for reinvestment.

Dividends Declared

The announcement by a company's board of directors of the intention to pay a dividend to shareholders, indicating the amount and payment date.

Financial Position

A snapshot of a company's assets, liabilities, and equity at a specific point in time, illustrating its economic standing.

Statement of Income

A financial document outlining a company's revenues, expenses, and net income over a specific period.