After Satisfying Obligations to Creditors, the Government, and Preferred Stockholders

Multiple Choice

After satisfying obligations to creditors, the government, and preferred stockholders, any remaining earnings will most likely be allocated to any of the following EXCEPT

A) common shareholders as cash dividends.
B) common shareholders as stock dividends.
C) retained by the firm for future investment.
D) a combination of retained earnings and cash dividends.