Fashion, Inc. had a Retained Earnings balance of $20,000 at December 31, 2021. The company had an average income of $8,000 over the next 5 years, and an ending Retained Earnings balance of $14,000 at December 31, 2026. What was the total amount of dividends paid over the last five years

The company is experiencing an increase in competition, and at the same time they are building more production facilities in southeast asia. in this scenario, the top management team is most likely to multiple choice increase the cost of their products. restructure to reflect a more bureaucratic, stable organization. pull decision-making responsibility from low-level management, taking it on themselves. give lower-level managers the authority to make decisions to benefit the firm. rid themselves of all buffering product.