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9. What are some reasons for the increase in working capital? (2 Points) Common stock is issued, long term debt is paid off. Preferred stock
9. What are some reasons for the increase in working capital? (2 Points) Common stock is issued, long term debt is paid off. Preferred stock is bought back, notes payable are issued. Notes payable are paid off, the firm buys marketable securities and holds more cash. Accumulated depreciation goes up
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