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Plastics, Inc. shows the following: Description 2019 2018 2017 2016 Cash $48 $500 $1,200 $1,889 Accounts Receivable $1,732 $1,122 $817 $385 Inventory $5,369 $3,255 $1,878
Plastics, Inc. shows the following:
Description | 2019 | 2018 | 2017 | 2016 |
Cash | $48 | $500 | $1,200 | $1,889 |
Accounts Receivable | $1,732 | $1,122 | $817 | $385 |
Inventory | $5,369 | $3,255 | $1,878 | $808 |
Revenue | $12,156 | $9104 | $7,643 | $4,388 |
Net Income | $2,310 | $1,730 | $1,452 | $834 |
Which of the following can we definitely conclude?
A. | The day is coming when the firm cant make payroll. | |
B. | Profit margins are declining. | |
C. | Accounts Receivable turnover is increasing. | |
D. | The investment in inventory is a smart move given potential commodity inflation. |
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