Which of the following items are determinants of external financing needed (EFN) when the percentage of sale
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Question:
I. increase in total assets
II. new borrowing
III. taxes payable
IV. addition to retained earnings
Select one:
a). I only
b). I and II only
c). I, II, and III only
d). I, II, and IV only
e). I, II, III, and IV
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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