A. Fixed assets are sold for cash. B. Long-term debt is issued to pay off current liabilities. OC. Accounts receivable are collected. D. Cash is used to pay off accounts payable. E. A bank loan is obtained, and the proceeds are credited to the firm's checking account 8. Earnings per share is affected by A. net income B. number of shares C. dividends D. A & B only E. A, B & C
A. Fixed assets are sold for cash. B. Long-term debt is issued to pay off current liabilities. OC. Accounts receivable are collected. D. Cash is used to pay off accounts payable. E. A bank loan is obtained, and the proceeds are credited to the firm's checking account 8. Earnings per share is affected by A. net income B. number of shares C. dividends D. A & B only E. A, B & C
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 8P
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Please answer number 7 and 8 only no need to explain. Thanks!
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