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  3. 9.4 working capital. identify the working capital

9.4 Working Capital. Identify the working capital accounts related to (a) revenues recognized and deferred,...

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Finance

9.4 Working Capital. Identify the working capital accounts related to (a) revenues

recognized and deferred, (b) cost of goods sold, (c) employee salary and wages, and (d)

income tax expense. For each account, indicate whether an increase in the working capital

asset or liability would be an addition or subtraction when reconciling from net income to

cash flows from operations.

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