liquidation value 1,000 shares and authorized, issude and outstanding   P 100,000   Ordinary share, P25 par value, 100,000 shares authorized, 10, 000 shares issued and outstanding P 250, 000  Lokan’s net income for the year ended December 31, 2012 was P450, 000, but no dividends were declared. The market price of the ordinary share at the end of 2012 is P264.00. What is Lokan’s price-earnings multiple at December 31, 2009?  a. 5.9     c. 6

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.