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Find what does appropriation of retained earnings

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Reference no: EM132779452

Problem 1: What does appropriation of retained earnings (R/E) and declaration of cash dividend have in common?

a. both increase the amount of appropriated R/E

b. both have the same consequences for shareholders

c. both result in a decrease in unappropriated R/E

d. both permanently reduce future ability to pay dividends

e. none of the above

Reference no: EM132779452

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