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We know that cash and profit are not the same thing. Why? To each statement below, answer True if it is one of the reasons,

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We know that cash and profit are not the same thing. Why? To each statement below, answer "True" if it is one of the reasons, and "False" if it is not. - Because it depends on the interest rate. - Because revenue is typically based on a promise to pay, not the actual cash payment. - Because a company's stock price on any given day is based on market expectations. Question 4 2 pts Choose the section of the cash flow statement which will be affected by each of the following transactions. - Your company makes a cash purchase of a new factory machine - Your company receives payment from a large customer - Your company pays back a loan - Your company pays employee salaries

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