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  3. when a business earns net income: a. expenses

When a business earns net income: a. expenses exceed operating...

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Question

Accounting

When a business earns net income:
a.
expenses exceed operating income and the business has less buying power.
b.
the business has more cash for investment in the future and buying more assets to generate more revenue.
c.
food & beverage inventories exceed operating expenses.
d.
cash flow from investing activities exceeds operating income.

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