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In which of the following situations is restructuring of liabilities a borrowing cause? A) The business wants to reduce its accounts payable so they are
In which of the following situations is restructuring of liabilities a borrowing cause?
A) The business wants to reduce its accounts payable so they are within suppliers' payment terms.
B) The business wants to finance seasonal changes in inventory and accounts receivable.
C) The business owners plan to withdraw a substantial portion of the company's retained earnings.
D) The business wishes to finance part of its purchase of a majority interest in another company.
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