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When the change in Net A/R is subtracted from Net Income in the operating section of the Statement of Cash Flows, it indicates that None
When the change in Net A/R is subtracted from Net Income in the operating section of the Statement of Cash Flows, it indicates that
- None of the answers provided are correct
- Net A/R decreased due to operations
- Net A/R increased due to operations
- The firm sold Accounts Receivable during the period
- The firm wrote-off Accounts Receivable during the period
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