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If GE uses $20 million of its cash to repay $20 million of its long-term debt, then its: a. Total assets and total liabilities decline

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If GE uses $20 million of its cash to repay $20 million of its long-term debt, then its: a. Total assets and total liabilities decline by $20 million. b. Net working capital increased. c. Total assets were unchanged. d. Current ratio increased. e. Debt to equity ratio increased

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