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  3. which of the following statements is true? -when o

Which of the following statements is true? -When operating income is positive, revenue is greater...

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Accounting

Which of the following statements is true?

-When operating income is positive, revenue is greater than expenses.

-When net income is negative, retained earnings decrease, all other things being equal.

-When net income is positive, Shareholders' equity increases, all other things being equal.

-All of the answers are acceptable.

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