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Rickos Rickos
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6 years ago
When a company pays a dividend on common stock, it appears as
A) an expense on the income statement.
B) a reduction in the amount of retained earnings.
C) a current liability on the balance sheet.
D) dividend payments have no effect on the financial statements.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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David_hessDavid_hess
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6 years ago
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This helped my grade so much Perfect
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