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    Culinary, Hospitality, Travel & Tourism
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    Hospitality Financial Management
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    Exam 3: Review of Financial Statements and Selected Ratios
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    Dividends
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Dividends

Question 18

Question 18

Multiple Choice

Dividends


A) increase retained earnings.
B) reduce retained earnings when declared.
C) reduce retained earnings when paid.
D) are an operating expense like food cost.

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