A business reports $346,000 net income (profit) for the year just ended. Determine two valid scenarios for
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A business reports $346,000 net income (profit) for the year just ended. Determine two valid scenarios for changes in its assets and liabilities resulting from its profit for the year.
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Sandhya Sharma
I hold M.Sc and M.Phil degrees in mathematics from CCS University, India and also have a MS degree in information management from Asian institute of technology, Bangkok, Thailand. I have worked at a international school in Bangkok as a IT teacher. Presently, I am working from home as a online Math/Statistics tutor. I have more than 10 years of online tutoring experience. My students have always excelled in their studies.
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