A firm has earned $5 million in net profits for the year. It decides to pay $3 million in dividends and use the rest to purchase $1 in new machinery and $1 million in raw materials. What is its Retained Earnings?

Outdoor advertising has poor selectivity

Indicate whether the statement is true or false

In which component of the time series will the effect of an unpredictable, rare event be contained?

A) the trend component B) the seasonal component C) the cyclical component D) the irregular component