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Question 15 (1 point) Which of the following statements about revenues, expenses, and net income is most correct? A positive net income always increases
Question 15 (1 point) Which of the following statements about revenues, expenses, and net income is most correct? A positive net income always increases the owners' equity value for the organization A negative net income always increases the owners' equity value for the organization Increased revenues always increase the net income for the organization, resulting in an increased owners' equity account value Increased expenses always decrease the net income for the organization, resulting in a decreased owners' equity account value
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