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How does the declaration of a cash dividend

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Reference no: EM132778283

Problem 1: How does the declaration of a cash dividend that is entirely liquidating affect Retained Earnings and Paid-in-Capital, respectively?

Select one:

a. No effect, No effect
b. Increase, Decrease
c. Decrease, Increase
d. No effect, Decrease
e. No effect, Increase

Reference no: EM132778283

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