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The income statement line item that shows the performance of operating activities without consideration of financing is (EBIT)?

Which of the following will increase equity?(Both B&C)

a. An increase in dividend paid

b. issuance of new stock

c. an increase in retained earnings

Which of the following does not cause accounting profit and cash flow to differ?

a depreciation

b sales made on credit

c payroll expenses

d Inventory purchased and not yet sold

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9797893

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