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uestion ( 2 ) which situation is restructuring of liabilities a borrowing cause? The business wishes to finance part of its purchase of a majority
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which situation is restructuring of liabilities a borrowing cause?
The business wishes to finance part of its purchase of a majority interest in another company.
The business wants to reduce its accounts payable so they are within suppliers' payment terms.
The business wants to finance seasonal changes in inventory and accounts receivable.
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