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If a company's sales and its accounts payable days on hand remain unchanged from 2011 to 2012, but its cost of goods sold increases due
If a company's sales and its accounts payable days on hand remain unchanged from 2011 to 2012, but its cost of goods sold increases due to a rise in raw materials costs, which of the following would logice w result? Profits would be reduced, which would negatively affect cash flow Accounts payable would decrease Cash flow would not be affected Inventory days on hand will increase Bookmark for review
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