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Using the same information as for Question #42, what is the MOST REASONABLY PROBABLE explanation for the financial data? A.The decrease in equity is the
Using the same information as for Question #42, what is the MOST REASONABLY PROBABLE explanation for the financial data?
A.The decrease in equity is the result of the decline in the market value of the companys stock.
B.The decrease in equity may be the result of recurring losses, payment of dividends greater than net income or repurchase of shares.
C.The increase in total debt may mean the company has a higher credit rating in FY 2019 than in FY 2018.
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