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Question 2 - 2 . 5 Selling $ 1 3 0 of merchandise to a customer for $ 2 0 0 cash in a state

Question 2
-2.5
Selling $130 of merchandise to a customer for $200 cash in a state where the sales tax rate 4% :
A. Increases cash flow from operating activities by $208.
B. Increases total assets by $78.
C. Increases equity by $70.
D. All of these answer choices are correct.
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