Question
Which one of these best describes the relationship between networking capital (NWC) and sales? Multiple Choice a. NWC changes in direct relation to sales, but
Which one of these best describes the relationship between networking capital (NWC) and sales?
Multiple Choice
a. NWC changes in direct relation to sales, but the change may be less than proportional with sales.
b. NWC will change by the same percentage as sales.
c. NWC changes by a greater percentage than the change in sales, but the change is linear in nature.
d. NWC is unaffected by changes in the sales level.
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International Financial Reporting Standards An Introduction
Authors: Belverd Needles, Marian Powers
2nd edition
053847680X, 978-1111793234, 1111793239, 978-0538476805
