Question: ( Chapters 1 end 2) All else held constant, the book value of owners' equlty will decrease when: O cash is used to pay an

( Chapters 1 end 2) All else held constant, the book value of owners' equlty will decrease when: O cash is used to pay an accounts payable. O the market value of inventory increases O taxable Income increases. O dividends exceed net income for a period. O a long-term debt is repald

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