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Financial statements reveal that last year's net income was higher than generated cash. Which of the following would result in the largest difference? Accounts payable
Financial statements reveal that last year's net income was higher than generated cash. Which of the following would result in the largest difference? Accounts payable were consistently high from the beginning to the end of the year Accounts payable were consistently low from the beginning to the end of the year Accounts payable increased over the year Accounts payable decreased over the year The difference would be the same for all the above choices It is impossible to tell without more information
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