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