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Data Inc. buys merchandise worth $275 on account, terms FOB shipping point, and pays the freight cost of $35. As a result of this transaction,

Data Inc. buys merchandise worth $275 on account, terms FOB shipping point, and pays the freight cost of $35. As a result of this transaction, Data's a. profitability increases b. liquidity increases c. profitability remains unchanged d. liquidity decreases Previous Next

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