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Which of the following will cause an increase in net working capital, other things held constant? a. A cash dividend is declared and paid. b.
Which of the following will cause an increase in net working capital, other things held constant?
a. | A cash dividend is declared and paid. |
b. | Merchandise is sold at a profit, but the sale is on credit. |
c. | Long-term bonds are retired with the proceeds of a preferred stock issue. |
d. | Missing inventory is written off against retained earnings. |
e. | Cash is used to buy marketable securities. |
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