There Would Probably Be a Major Difference Between a Statement

question 2

Multiple Choice

There would probably be a major difference between a statement of source and application of working capital and a cash flow statement in the treatment of

• A) Dividends declared and paid
• B) Sales of noninventory assets for cash at a loss
• C) Payment of long-term debt
• D) A change during the period in the accounts payable balance

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