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  3. your roommate is puzzled. during the last year, th

Your roommate is puzzled. During the last year, the company in which she is a...

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Accounting

Your roommate is puzzled. During the last year, the company in which she is a stockholder reported a net loss of $675,000, yet its cash increased $321,000 during the same period of time. Explain to your roommate how this situation could occur.

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