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When inventory is paid for using the company's cash: Profits increase Equity increases Debt:Equity increases Return on investment increases Assets remain the same Question 24

When inventory is paid for using the company's cash: Profits increase Equity increases Debt:Equity increases Return on investment increases Assets remain the same Question 24 (1 point) JTCO has monthly overhead of $4,000. The gross margin (or contribution margin) i 20%. The break even is: $4,000 $8,000 $12,000 $16,000 $20,000 Previous Page I Next Page Page 12 of 25 13 10.24-m Boimage text in transcribed

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