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12. Which one of the following factors is not a good indicator of potential financial failure? A) Client has had increasing net losses for several
12. Which one of the following factors is not a good indicator of potential financial failure? A) Client has had increasing net losses for several years. B) Client relies heavily on debt financing, especially by financing permanent assets with short-term loans. C) Client is constantly short of cash and working capital. D) Client's retained earnings were reduced by half as a result of a large dividend payout
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