$33..$BusinessAsUsual Ltd$.$ is currently operating at full capacity. Which balance sheet items would not likely vary directly with sales?

I. Fixed assets

II$.$ Long$-$term debt

III. Accounts receivable

a$)$ l and Ill only

b$)$ I only

c$)$ Il only

d$)$ Il and Ill only

e$)$ I, Il$,$ and III