6. If a firm tries to produce goods just in time to meet sales demand, its level of inventony will feed o be A relatively low B. very high. C relatively high D. excessive. E wasteful. A. in separate accounts in order to maintain the accounting equation B by the amount of the transaction .in all accounts inchaling h e donce mantan the Koo ng eq.-on D in goneral ledgers E. none of the above. 8. Salt, sugar, and many agriculural products are soild using which of the following approaches? A. Concentration B. Total-markct C. Multi-segment D. Universal E. Focused 9. The information peesented in an income statement could be described using which of the following equatioes? A. Equity liabilities assets B. Equity assets- liabilities C. Revenues-expenses-ncl ncome D. Net income-expenses-revenues + tuues E. All of the above 10. Net income is A. carnings afier taxes B assets after taxes C. liabilities after taxes. D. experses after taves E cash disbursements after taxes