7. Dividend Payment (LO2, CFA4) A dividend payment has which of the following effects on the balance

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7. Dividend Payment (LO2, CFA4) A dividend payment has which of the following effects on the balance sheet?

a. An increase in shares outstanding

b. A decrease in shareholder equity

c. A decrease in paid-in capital

d. An increase in retained earnings

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Fundamentals Of Investments Valuation And Management

ISBN: 9781260013979

9th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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