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Problem #3 Problem 1810 Percentage of Sales Models (LO2) Here are the abbreviated financial statements for Planner's Peanuts: a. If sales increase by 20% in

Problem #3
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Problem 1810 Percentage of Sales Models (LO2) Here are the abbreviated financial statements for Planner's Peanuts: a. If sales increase by 20% in 2023 and the company uses a strict percentage of sales planning model fmeaning that all items on the income and balance shect also increase by 20%. what must be the balincing item? b. What will be the value of this balancing item

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