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Which of the following situations would lead a firm to decrease the amount of its annual dividend? A. Access to the capital market expands. B.
Which of the following situations would lead a firm to decrease the amount of its annual dividend?
A. Access to the capital market expands.
B. Research and development create more investment opportunities.
C. Earnings become more erratic.
D. Accounts receivable decreases as a result of its changing credit policy.
E. None of the above.
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