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Referring to Plastics, Inc. information: 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
Referring to Plastics, Inc. information:
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 |
One conclusion we cannot reach based on this data is:
A. | Plastics, Inc. has purchased too many fixed assets. | |
B. | Customers are paying their bills slower and slower. | |
C. | Profitability is increasing. | |
D. | Inventory per sales dollar is increasing at an increasing rate. |
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