Under dividend reinvestment plans, shareholders can automatically ____.   a. transfer from retained earnings accounts to equity accounts.   b. use dividends to purchase additional shares   c. reduce their taxable income   d. increase their cash inflows

College Accounting, Chapters 1-27
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ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter21: Corporations: Taxes, Earnings, Distributions, And The Statement Of Retained Earnings
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which one is correct please confirm?

QUESTION 26

  1. Under dividend reinvestment plans, shareholders can automatically ____.
      a.
    transfer from retained earnings accounts to equity accounts.
      b.
    use dividends to purchase additional shares
      c.
    reduce their taxable income
      d.
    increase their cash inflows
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