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Ford Motor Company purchases services from suppliers on account and sells its products to distributors on short-term credit. As a result, do each of these
Ford Motor Company purchases services from suppliers on account and sells its products to distributors on short-term credit. As a result, do each of these events affect net income faster than they affect net operating cash flows?
Purchase Services | Sell Products | |
a. | Yes | Yes |
b. | Yes | No |
c. | No | Yes |
d. | No | No |
Multiple Choice
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Option a.
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Option b.
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Option c.
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Option d.
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