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If a company's sales and its accounts payable days on hand remain unchanged from 20Y1 to 20Y2, but its cost of goods sold increases due
If a company's sales and its accounts payable days on hand remain unchanged from 20Y1 to 20Y2, but its cost of goods sold increases due to a rise in raw materials costs, which of the following would logically result? O Profits would be reduced, which would negatively affect cash flow O Accounts payable would decrease Cash flow would not be affected O Inventory days on hand will increase Bookmark for review
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