The "Transportation" problem involves determining the amount of goods to be transported from a number of origins to a number of destinations

The larger the variance, the smaller the dispersion

Indicate whether the statement is true or false.

A firm has a net income (after-tax profit) of $500,000 and pays dividends of $150,000. Which of the following statements is TRUE?

A) Cash decreased by $150,000 B) Retained earnings increased by $350,000 C) Long-term debt increased by $350,000 D) All of the statements are true.