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In a financial plan using the percentage of sales approach, why is it assumed that assets increase with sales? Multiple choice question. Additional profits are
In a financial plan using the percentage of sales approach, why is it assumed that assets increase with sales?
Multiple choice question.
Additional profits are generated
Additional working capital and fixed assets are needed to support growth
Funds must be borrowed to support sales
Increased profits increase retained earnings thereby increasing equity
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The Illusion Of Control Why Financial Crises Happen And What We Can And Cannot Do About It
Authors: Jon Danielsson
1st Edition
0300234813, 0300265093, 9780300234817, 9780300265095
