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  3. Study Set
    Financial Accounting for Decision Makers
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    Exam 4: Understanding Accounting Information
  5. Question
    If Morton Company Paid $100,000 Cash Dividends to Its Shareholders
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If Morton Company Paid $100,000 Cash Dividends to Its Shareholders

Question 14

Question 14

True/False

If Morton Company paid $100,000 cash dividends to its shareholders, retained earnings would be reduced by $100,000.

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