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Dividends on common stock are which one of the following? A) Payable at the discretion of a firm's president B) Treated as a tax-deductible expense
Dividends on common stock are which one of the following?
A) Payable at the discretion of a firm's president
B) Treated as a tax-deductible expense to the paying firm
C) Paid out of aftertax profits
D) Only partially taxable to high-income individual shareholders
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