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Assume an all-equity firm has positive net income. If this firm pays a cash dividend the: (choose one) firms total equity will increase. number of

Assume an all-equity firm has positive net income. If this firm pays a cash dividend the: (choose one)

firms total equity will increase.

number of shares outstanding will increase.

price-earnings ratio will decrease.

firms total assets will remain constant.

earnings per share will decrease.

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