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Financial statement forecasts must be consistent and properly articulate across financial statements. Given this, forecasts of future increases in long-term debt will most likely affect:
Financial statement forecasts must be consistent and properly articulate across financial statements. Given this, forecasts of future increases in long-term debt will most likely affect:
a. Sales revenue and accounts receivable.
b. Cost of goods sold (COGS) and inventory.
c. Dividends and dividends payable.
d. Interest income.
e. Interest expense.
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