Plz help Q3
(Percent of sales forecasting) Which of the following accounts would most likely vary directly with the level of a firm's sales? Discuss each briety Yes No Yes No Cash Marketable securtis Accounts payable Notes payable Plant and equipment Inventories is cash ikely to vary directly with the level of a firm's sales? (Select the best choice below) OA Yes, cash receipts vary directly with sales and have a relation to the firm's customers payment habits or the firm's policy regarding payments on its accounts payable OB. No cash receipts follow sales with a lag related to the payment habits of the firm's customers and the firm's policy regarding payments on its accounts payable Are marketable securities likely to vary directly with the level of a firm's sales? (Select the best choice below) OA. No, marketable securities are not related to sales OB. Yes, the value of marketable securities varies directly with sales. is accounts payable likely to vary directly with the level of a firm's sales? (Select the best choice below) OA No, accounts payable will not vary directly with sales OB. Yes, accounts payable will vary directly with sales le notes payable likely to vary directly with the level of a firm's sales? (Select the best choice below) OA No, notes payable will only follow sales if the fems uses a line of credit to finance its working capital needs OB Yes, nodes payable is likely to vary directly with sales is plant and equipment likely to vary directly with the level of a firm's sales? (Select the best choice below) (Percent of sales forecasting) Which of the following accounts would most likely vary directly with the level of a fem's sales? Discuss each briefly Yes No No Yes Cash Notes payable Plant and equipment Marketable securities Accounts payable Inventories OB Yes, the value of marketable securities varies directly with sales is accounts payable Ukely to vary directly with the level of a firm's sales? (Select the best choice below) OA No, accounts payable will not very directly with sales OB. Yes, accounts payable will vary directly with sales Is notes payatre likely to vary directly with the level of a firm's sales? (Select the best choice below) OA No, noles payable will only follow sales if the fems uses a line of credit to finance its working capital needs. OB. Yes, notes payabin is likely to vary directly with sales to plant and equipment likely to vary directly with the level of a fimmr's sales? (Select the best choice below) OA Y, plant and equipment is likely to vary directly with the level of sales O No, plant and equipment is not likely to vary directly with the level of sales Are inventories likely to vary directly with the level of a firm's sales? (Select the best choice below) OA Yes, inventores are likely to vary directly with the level of sales OB. No, inventories are not likely to vary directly with the level of sales SUDI
