If a company's Cash on the Balance Sheet increases during a year from that reported...
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If a company's Cash on the Balance Sheet increases during a year from that reported in the prior year, it must mean that: A There was positive net income on the Income Statement. B Retained earnings increased from prior year.. C The net worth Equity of the company increased. D None of the three statements above must necessarily be true. 
If a company's Cash on the Balance Sheet increases during a year from that
reported in the prior year, it must mean that:
A There was positive net income on the Income Statement.
B Retained earnings increased from prior year..
C The net worth Equity of the company increased.
D None of the three statements above must necessarily be true.
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