Question
What will be the effect of a sale of a piece of equipment at book value for cash? A) An increase in working capital. B)
What will be the effect of a sale of a piece of equipment at book value for cash?
A) An increase in working capital.
B) A decrease in working capital
.C) A decrease in the debt-to-equity ratio.
D) An increase in net income.
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Connect For Computer Accounting With Quickbooks Online
Authors: Donna Kay
2nd Edition
1264152272, 9781264152278
