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What does the profit for the year pay for

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Reference no: EM132656034

Problem 1: Which of the following statements describes a source of funds?

Group of answer choices

Option 1: Dividends paid are a source of funds.

Option 2: None of these.

Option 3: Operating at a loss is a source of funds.

Option 4: Investments in all types of assets are sources of funds.

Option 5: Trade credit is a source of funds.

Problem 2: What does the profit for the year pay for?

Group of answer choices

Option 1: interest on debt

Option 2: none of these

Option 3: dividends

Option 4: employee salaries

Option 5: executive bonuses

Reference no: EM132656034

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