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Selling $60 of merchandise to a customer for $100 in a state where the sales tax rate is 4% : a. Increases cash flow from

image text in transcribed Selling $60 of merchandise to a customer for $100 in a state where the sales tax rate is 4% : a. Increases cash flow from operating activities by $104. b. Increases total assets by $44. c. Increases equity by $40. d. All of the above

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