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Which of the following contains an unlikely relationship? A.The more CAPEX a company has made in the past, the more depreciation the company will see
Which of the following contains an unlikely relationship?
A.The more CAPEX a company has made in the past, the more depreciation the company will see in the future.
B.As sales increase, the analyst would expect to see cost of goods sold decrease, as well as, selling, general and administrative expenses.
C.As cost of goods sold increases, the analyst would expect to see changes in inventories and accounts payable.
D.Cash receipts from customers are related to sales revenues and changes in accounts receivable.
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