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    Contemporary Financial Management Study Set 2
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    Exam 3: Evaluation of Financial Performance
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    In an Inflationary Period, a Firm Is Likely to Show
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In an Inflationary Period, a Firm Is Likely to Show

Question 85

Question 85

Multiple Choice

In an inflationary period, a firm is likely to show short-lived profit increases because ____.


A) accounts receivable collections increase
B) cash balances decline
C) inventory profits are realized
D) All of these are correct

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