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Suppose that Ford Motor Co. paid dividends to its shareholders for a given fiscal period. These dividends which it issued to shareholders result in __________.

Suppose that Ford Motor Co. paid dividends to its shareholders for a given fiscal period. These dividends which it issued to shareholders result in __________.

(a) An increase in net assets for Ford.

(b) An increase in owner's equity for Ford.

(c) An increase in retained earnings for Ford.

(d) Both (a) and (c).

(e) None of the above

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