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24- Which of the following reasons is not appropriate to justify a corporation accumulating earnings to meet the reasonable needs of the business? Assume all
24- Which of the following reasons is not appropriate to justify a corporation accumulating earnings to meet the reasonable needs of the business? Assume all reasons were approved by the corporation's board of directors. O Funds accumulated to pay off bonds of the corporation. Funds accumulated to help the corporation sustain itself during an expected recession. Funds accumulated to build a new manufacturing facility. O Funds accumulated to increase the level of inventory in the corporation's warehouse
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