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QUESTION 11 As sales increase, a firm needs to proportionately to support the O A. increase the level of fixed assets; increase the level of inventory O B. increase the level of inventory; higher sales level O C. increase the level of inventory; increase the level of fixed assets O D. None of the aboA

QUESTION 11 As sales increase, a firm needs to proportionately to support the O A. increase the level of fixed assets; increase the level of inventory O B. increase the level of inventory; higher sales level O C. increase the level of inventory; increase the level of fixed assets O D. None of the aboA

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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QUESTION 11 As sales increase, a firm needs to proportionately to support the O A. increase the level of fixed assets; increase the level of inventory B. increase the level of inventory; higher sales level O C. increase the level of inventory; increase the level of fixed assets O D. None of the above
Transcribed Image Text:QUESTION 11 As sales increase, a firm needs to proportionately to support the O A. increase the level of fixed assets; increase the level of inventory B. increase the level of inventory; higher sales level O C. increase the level of inventory; increase the level of fixed assets O D. None of the above
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