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Compared to retaining 100% of net income, paying a cash dividend results in: Select one: O a. lower financial leverage ratios and no effect on

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Compared to retaining 100% of net income, paying a cash dividend results in: Select one: O a. lower financial leverage ratios and no effect on liquidity ratios. O b. lower liquidity ratios and no effect on financial leverage ratios. c. higher financial leverage ratios and lower liquidity ratios

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