Question: CEM6 of 7 Concepts completedMultiple Select QuestionSelect all that applyHow does a cash dividend affect the firm's financial statements on the date the dividend is

CEM6 of 7 Concepts completedMultiple Select QuestionSelect all that applyHow does a cash dividend affect the firm's financial statements on the date the dividend is paid out? More than one answer may be correct.A decrease in retained earningsA decrease in net incomeA decrease in total liabilitiesA decrease in total assetsNeed help? Review these concept resources.Read About the Concept

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