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Other things held constant, which of the following would lead to an increase in working capital? Select one: a. Merchandise is sold on credit b.
Other things held constant, which of the following would lead to an increase in working capital?
Select one:
a.
Merchandise is sold on credit
b.
Cash is used to buy marketable securities
c.
Damaged inventory is written off
d.
Long-term debt is retired using the proceeds of a new bond issue
e.
None of the above would increase working capital
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