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Dividend payments to common shareholders are at the discretion of the Board of Directors O are paid from after-tax income O reduce cash reserves and
Dividend payments to common shareholders
are at the discretion of the Board of Directors
O are paid from after-tax income
O reduce cash reserves and reduce Retained Earnings
O all of the listed answers are correct
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Accounting In Business
Authors: R. J. Bull
5th Edition
0408014865, 978-0408014861
