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Which of the following is true: a. Current assets are those that could be converted to cash within the next year. b. All of these
Which of the following is true: a. Current assets are those that could be converted to cash within the next year. b. All of these answers are true c. Part of the change in inventory from the end of year one to the end of year two will show up as revenue in the cash flow statement for year d. The change in accounts receivable from the end of year one to the end of year two generates a cash flow that shows up in the cash flow statement for year 2.
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