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Accounting

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All else held constant, the book value of owners' equity will decrease when: dividends exceed net income for a period. cash is used to pay an accounts payable. a long-term debt is repaid. the market value of inventory increases. taxable income increases. uestion 8 Cash flow to creditors is defined as: interest paid plus net new borrowing. cash flow from assets plus net new equity. dividends paid plus net new borrowing. interest paid minus net new borrowing. operating cash flow minus net capital spending minus the change in net working capital. Puestion 9 s points wa and Ball both enjoy sunshine water and surfboards. Thus, the two friends decided to create a business together on surtout, paddle boats and influences to Wiind will share in the decision making and in the business profits or losses which type of business did they create they both have personal liability for themsebe? Joint stock company Sole proprietorship Corporation Limited partnership General partnership

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