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Apex, Inc., is concerned that this year's profits will exceed market expectations only to fall drastically over the next several quarters. The company's sales are

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Apex, Inc., is concerned that this year's profits will exceed market expectations only to fall drastically over the next several quarters. The company's sales are all on credit. Assume that this is a normal economic environment with only a moderate level of inflation Focus on the topics of sales and receivables and describe one example (legitimate or otherwise) of how the firm can meet its projected expectations in both (a) the current year and (b) future periods. Be sure to indicate how both desired effects (a & b) will be accomplished by your example and label your answers, Apex, Inc., is concerned that this year's profits will exceed market expectations only to fall drastically over the next several quarters. The company's sales are all on credit. Assume that this is a normal economic environment with only a moderate level of inflation Focus on the topics of sales and receivables and describe one example (legitimate or otherwise) of how the firm can meet its projected expectations in both (a) the current year and (b) future periods. Be sure to indicate how both desired effects (a & b) will be accomplished by your example and label your answers

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