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Percentage of Sales Models. Here are the abbreviated financial statements for Planner's Peanuts: If sales increase by 20% in 2016 and the company uses a

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Percentage of Sales Models. Here are the abbreviated financial statements for Planner's Peanuts: If sales increase by 20% in 2016 and the company uses a strict percentage of sales planning model (meaning that all items on the income and balance sheet also increase by 20%), what must be the balancing item? What will be its value

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