Combination of retained earnings and cash dividends


Problem: After satisfying oblications to creditors, the government, and preferred stockholders, any remaining earnings will most likely be allocated to any of the following "EXCEPT" _________

common shareholders as cash dividends, common shareholders as stock dividends, retained by the firm for future investment, or a combination of retained earnings and cash dividends

please advise answer & why?

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Accounting Basics: Combination of retained earnings and cash dividends
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