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6.Which scenario is most likely to cause you to be concerned about the quality of projections and future credit risk? A.A non-cyclical business is projecting
6.Which scenario is most likely to cause you to be concerned about the quality of projections and future credit risk? A.A non-cyclical business is projecting a slight decline in sales given forecasts of a slowing economy. B.A cyclical business with steady historical sales projects 6% growth based on the launch of a new product. C.A business in a highly competitive industry projects 10% sales growth because two of its largest competitors have agreed to merge.
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