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The following information is available about a company ($ millions):Year ended 31 December20092008 Sales322.8320.1 Net income27.226.8 Cash flow from operations15.338.1 During 2009 the company most likely decreased the: A: proportion of sales made on a cash basis. B:inventory, anticipating lower demand for its products in 2010. C: proportion of interest-bearing debt relative to trade accounts payable. |
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