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Which of the following statements is incorrect? For most businesses, increases in spontaneous liabilities will be enough to fund the necessary increases in assets. The

Which of the following statements is incorrect?

For most businesses, increases in spontaneous liabilities will be enough to fund the necessary increases in assets.

The capital intensity ratio indicates the amount of assets the firm needs to invest to generate each dollar in sales.

The vast majority of fixed assets are "chunky" or "lumpy" since they have to be bought in non-divisible quantities.

All of these statements are correct.

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