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Which of the following actions is an example of "window dressing? " a. borrowing by using short-term notes payable and then using the proceeds to retire long-term debt. b. borrowing on a long-term basis and using the proceeds to retire short-term debt. c. any action that does not improve a firmâs fundamental long-run position and thus increases its intrinsic value. d. using some of the firmâs cash to reduce long-term debt.
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Which of the following actions is an example of "window dressing? " a. borrowing by using short-term...
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