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What will be the effect of a sale of a piece of equipment

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Reference no: EM132603372

Question 1: What will be the effect of a sale of a piece of equipment at book value for cash?

A) An increase in working capital.

B) A decrease in working capital

C) A decrease in the debt-to-equity ratio.

D) An increase in net income.

Reference no: EM132603372

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