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Question 18 Assume a $100 cash dividend is declared: 30% of the dividend is a liquidating dividend. Indicate the change in Retained Earnings and Total

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Question 18 Assume a $100 cash dividend is declared: 30% of the dividend is a liquidating dividend. Indicate the change in Retained Earnings and Total Equity, respectively. Not yet answered Points out of 3.00 Flag question Select one: O a. Decrease $70, Decrease $100 O b. Decrease $30, Decrease $100 O c. Decrease $100, Decrease $70 O d. Decrease $30, Decrease 530 Oe. Decrease $70, Decrease $70 Question 19 Wot yet inswered A 12-year finance lease specifies equal minimum annual lease payments. Part of this payment represents interest and part represents a reduction in the net lease liability. The portion of the minimum lease payment in year 10 applicable to lease liability should be: Points out of 5.00 Flag question Select one a. More than in year 8 b. The same as in year 8 OcLess than in year 8 O d. More than in year 12

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