If a company's revenues are greater than its expenses, increasing its revenues and decreasing its expenses will

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A) not affect owner's equity.

B) increase net income.

C) decrease net income.

D) decrease assets.

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Nov 27, 2023 02:54 AM

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If a company's revenues are greater than its expenses, increasing its revenues and decreasing its expenses will

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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